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Earnings Preview: Top
names due to report this week include:
Monday:
SCHN, MOS
Tuesday: AA, AXA,
Wednesday: BBBY, CBK, DNA, RIMM, RI, SAI
Thursday: FAST, KKD, LRCX, PIR, PKX,
RAD, VIP
Friday: GE, INFY
Note: All economic numbers
and earnings reports are in lines with those compiled by Yahoo Finance.
Occasionally changes will occur that are made after the posting of this
column.
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aQuantive, Inc. (AQNT) and
subsidiaries operate as a digital marketing company in the United
States. It operates in three segments: Digital Marketing Services,
Digital Marketing Technologies, and Digital Performance Media. After
two strong waves of upside, AQNT fell into a long sideways trading
range from November 2006 into the beginning of April of this year. Just
over a week ago AQNT gapped sharply higher, breaking free from the
monthly trading range. This triggered a larger position trade setup,
likely to lead to a trend of 6-8 months. I will be looking to acquire a
position in AQNT on a breakout from this daily range.
To learn more about how I locate and trade the positions in this
letter, check out my new CD course at http://www.swingtrader.net.
Chart
brought to you
by Real Tick III by Townsend Analytics, Ltd.
Updates on Open Positions
CLICK
HERE for a complete track record since Dec. 2002.*
Positions in green
have triggered and are profitable. Positions in red have triggered but
are not yet profitable. Those in blue
have not yet triggered.
4/16/2007 ConocoPhilips (COP) operates
as an integrated energy company worldwide. It operates through six
segments: Exploration and Production, Midstream, Refining and
Marketing, LUKOIL Investment, Chemicals, and Emerging Businesses.
We have been watching COP over the last couple of months, and even
though it has given some initial buy triggers, it remains a strong
prospect for further upside thoughout the summer. We are watching for
any pullbacks to add to this position, although new positions can still
be initiated on them as well.
Other stocks to watch:
KLAC, AMZN, PEP, BA, GEF
4/9/2007 Schnitzer
Steel
Industries, Inc. (SCHN) gave
a continuation buy on 4/16/2007 over $46.32. Highs so far of $53.57 (+$7.25, +15.65% move).
4/2/2007 Freeport-McMoRan
Copper & Gold, Inc. (FCX) gave an initial buy on 4/3/2007 over
$67.19. High so far of $72.00 (+$4.81, +7.16% move).
2/5/2007 Carpenter Technology
Corporation (CRS) has given several buying opportunities
since breaking out of its weekly triangle pattern. Once was on
3/20/2007 over 117.62. High so far of $129.50 (+$11.88, +10.10% move).
1/22/2007 Harman International
Industries, Incorporated (HAR) gave a buy on 4/17/2007 over $100.48.
Highs so far of $125.13 (+$24.65,
+24.53% move).
Watch
List:
RTH
1/8/2007 King
Pharmaceuticals, Inc. (KG) gave a breakout setup over
$16.14 on 1/10/2007 for an initial setup. Another setup was a breakout
from the $18 area. $15.80 is support. Highs of $21.40 (+$5.26, +32.59% move).
12/11/2006 The J. M. Smucker
Company (SJM) gave
a breakout buy setup on 2/13/2007 over $48.30. Highs of $57.43 (+$9.13, +18.9% move).
12/4/2006 Ross
Stores, Inc.
(ROST) gave a buy setup on 1/3/2007 over $31.15. It has highs
so far of $35.17 (+$4.55,
+14.61% move).
Watch List:
Buy: KTEC, GCFB,
CRDN
(needs to base on the
weekly), COP, STR, CFC
(needs to
base on the weekly), CHK
11/6/2006 IMS
Health (NYSE
Symbol: RX) gave a buy setup on 11/6/2006 over $28.05
with support at $26.62. It reached highs of $30.13 (+$2.08, +7.42% move) so far. Some
trailing stops hit.
11/6/2006 KT Corp. (KTC) gave
a
cont. buy setup on 11/7/2006 over $23.44. It hit highs of $26.67 (+$3.23, +13.78% move) so
far. Adjusted stop under $21.72 on remaining.
11/6/2006 CRDN gave a
cont. buy setup on 11/6/2006 over $48.33. It hit highs of $63.76 (+$15.43, +31.93% move) so
far.
10/30/2006 Casey's General
Stores (CASY) gave
a breakout setup on 12/1/2006 over $25.05. It has highs so far of $26.72 (+$1.67, +6.67%
move).
10/30/2006 HUBG gave
a buy
setup on 11/3/2006 over $26.32. It hit highs of $37.20 (+$10.88, +41.34% move) so far. Some trailing stops hit.
10/30/2006 AGCO Corp. (AG) gave a buy
setup on 11/1/2006 over $27.68. It hit highs of $43.98 (+$16.30, +58.89% move) so far.
9/18/2006 Henry
Jack & Assoc. Inc. (JKHY) gave a buy
setup on 9/20/2006 over $21.12. It hit highs of $24.93 (+$3.81, +18.04% move) so far.
9/18/2006 Varian
Inc. (VARI) gave a buy
setup on 9/20/2006 over $48.75. It hit highs of $60.03 (+$11.28, +23.14% move) so far.
9/11/2006 Sigma Aldrich Corp.
(SIAL) gave a buy
setup on 9/15/2006 over $36.82. It hit highs of $42.84 (+$6.02, +16.35% move) so far.
9/11/2006 Taubman Crts Inc
(TCO) gave a buy
setup on 9/11/2006 over $41.09. It hit highs of $63.87 (+$22.78, +55.44% move) so far. Some tight trailing stops hit.
9/11/2006 Developers
Diversified Realty Co. (DDR) gave a buy
setup on 9/11/2006 over $55.10. It hit highs of $72.33 (+$17.23, +31.27% move) so far. Some tight trailing stops hit.
9/5/2006
Healthcare Services Group (HCSG) gave a buy
setup on 9/5/2006 over $23.10. It hit highs of $30.91 (+$7.81, +33.81% move) so far. Some
trailig stops hit.
8/14/2006
Genentech Inc. (DNA)
gave a watch list buy setup on 8/16/2006 at $80.90. It
has highs of $89.73 (+$8.83, +10.91% move).
$77.50 support. Additional entry points
available. $80 is now support.
8/14/2006
IShares Cons. Goods
(IYK)
gave a watch list buy setup on 8/15/2006
over $55.15. It
has highs of $63.26 (+$8.11, +14.71% move).
8/7/2006
Stericycle,
Inc. (SRCL)
gave a buy setup on 9/20/2006 over $68.00. It
has highs of $87.14 (+$19.14, +28.15% move).
8/7/2006 Polycom Inc. (PLCM)
gave a watch list buy setup on 7/31/2006 over $22.50. It
has highs of $36.61 (+$14.11, +62.71% move).
$32.34 support.
7/31/2006 Fairpoint
Communications, Inc. (FRP)
gave a watch list buy setup on 7/31/2006 over $14.84. It
has highs of $21.53 (+$6.69, +45.08% move).
7/31/2006 Lloyds
(LYG)
gave a watch list buy setup on 10/2/2006 over $40.66. It
has highs of $48.59 (+$7.93, +19.5% move).
Some
trailing stops hit.
7/31/2006
Brookfield Asset Management Inc. (BAM)
gave a watch list buy setup on 8/22/2006 over $43.62. It
has highs of $59.02 (+$15.40, +35.3% move).
$44.00 support.
7/24/2006
Sierra
Pacific Resources (SRP) gave an initial buy setup on
7/24/2006 over $14.21. It
has highs of $18.56 (+$4.35, +30.61% move).
Support is at $15 and the 20
month sma.
7/24/2006 Allegheny
Energy Inc. (AYE)
gave an initial watch list buy setup on 7/24/2006 at $39.89. It
has highs of $54.50 (+$14.61, +36.63% move).
The 20 week sma is
support. Some trailing stops
hit.
7/24/2006
British American Tob. (BTI)
gave an initial watch list buy setup on 7/24/2006 at $52.21. It
has highs of $63.86 (+$11.65, +22.31% move).
Some trailing stops
hit.
7/24/2006
Pharmaceutical Holders (PPH)
gave an initial watch list buy setup on 7/24/2006 at $73.87. It
has highs of $84.91 (+$11.04, +14.95% move).
Some
trailing stops hit.
7/17/2006 Williams Cos. Inc.
(WMB)
gave a watch list buy setup on 7/24/2006 over $23.29. It
has highs of $30.23 (+$6.94, +29.80% move).
$25.00 support.
7/17/2006 Nuveen (JPS) second
chance at entry.
7/10/2006
Select Sector SPDR TR SBI Cons. Stpls (XLP)
gave a watch list buy setup on 7/25/2006 over $24.67. It
has highs of $27.72 (+$3.05, +12.36% move).
$23.91 support. Some trailing stops hit.
7/10/2006
Immucor Inc. (BLUD)
gave a watch list buy setup on 7/20/2006 over $19.77. It
has highs of $35.99 (+$16.22, +82.04% move).
$16.00 support. Some trailing stops hit.
7/10/2006 Nuveen Quality
PFD Income FD 2 (JPS)
gave a watch list buy setup on 7/17/2006 over $13.85. It
has highs of $15.30 (+$1.45, +10.47% move).
$14.50 support. Some trailing stops hit.
7/10/2006 Northeast Utils
(NU)
gave a watch list buy setup on 7/10/2006 over $21.10. It
has highs of $33.62 (+$12.52, +59.34% move).
$20.00 support.
7/3/2006 ITT
Educational Services, Inc. (ESI) gave
a breakout buy setup over the $66.18 zone on 7/28/2006. It has highs of
$99.83 (+$33.65,
+50.85%
move) and support at $65. Some
trailing stops hit.
7/3/2006 AvalonBay Cmntys Inc. (AVB)
(Note: Toni has a position from $108.65)
gave a watch list buy setup on 7/3/2006 over $111.53. It
has highs of $149.94 (+$38.41, +34.44% move).
Some
trailing stops hit.
6/05/2006
RPM
International,
Inc. (RPM) gave
a breakout buy setup on 9/5/2006 over $19. Highs $24.25 (+$5.25, +27.63%
move). Some trailing stops hit.
5/8/2006
MetLife, Inc.
(MET) gave two setups. One was on 5/31/2006 on an
intraday pattern coming off the 20 week sma support when the range at
$51.34 broke higher. The daily pullback triggered a setup on
6/1/2006 over $52.00. $50 is support. It has highs of $66.25 (+$14.25, +27.41% move).
3/27/2006 Berkshire
Hathaway, Inc. (BRK.B) gave a breakout on 5/16/2006 over
$3000. It has highs of $3825.00 (+$825, +27.5% move). - Brandon
11/28/2005
Radvision Ltd. (RVSN)
gave a secondary setup on 11/29/2005 over $16.07. It reached highs of
$23.20 (+$7.13, +44.37% move). Some
trailing stops hit.
- Toni
11/07/2005
Radvision Ltd. (RVSN) triggered
on 11/07/2005 over at $15.90 with an aggressive setup.
Highs $23.20 (+$7.30,
+45.91% move). Some trailing stops hit.
- Toni
10/17/2005 ASML Hldg NV N Y
SHS (ASML) over $17.50 on 11/02/2005. Highs $28.07 (+$10.57, +60.40% move) (channel break trigger). $17.00 is
support for a long term position. Trailing stops hit for shorter term
position traders. - Toni
* DISCLAIMER:
Results are based upon best price hit before the position
was closed, or the stop if that hit first.
Note: Trading in commodities and securities may not be suitable for all
individuals. Consult your broker or other professional to determine
your suitability. The discussions provided by Trading From Main Street
are for educational purposes only and should not be taken as a
recommendation to buy or sell the referenced security. Past performance
is not indicative of future results.
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