Earnings Preview:
Names due to report this week include:

Monday:
Before: ACV, ARLP, ADM, ARM, BWP, CCJ, CNA, CTCM, DCO, FPL, GEHL, HUM, SFI, JAH, KND, LTR, MNST, NTE, NNN, NSTC, NS, PBI, RSH, ROC, SRP, SPG, TBBK, TSN, WWY
After: ACTU, AATI, AMMD, APC, ANDW, CTV, CYH, CSC, CTS, CVTX, CYTC, EXP, EFII, FARO, FRK, FTI, FDG, HCP, ININ, IVAC, MTW, ODSY, OSIP, OXM, PPS, PWAV, PFG, RADN, RCII, SIE, SIMO, SONI, SFN, SUNW, SPN, TFX, TXRH, TIE, TRMA, UDR, VMC

Tuesday:
Before: AG, AL, ALU, AMED, AEP, AHG, ARJ, ADP, AUXL, AVP, BEAV, BMS, BPHX, BRKR, CAM, CACS, CBS, FUN, COH, CVH, CRY, DBD, ETR, EEE, FSRV, FLML, IT, GM, GPI, GTXI, HC, HW, HMA, HSII, HLT, HEP, HOLX, HUN, IPSU, INFS, IACI, IVC, LDR, LCAV, LIZ, MHO, MMP, MRO, MCS, MLM, MAS, MCGC, MTCT, NCR, NNI, NURO, UWN, GAS, NMX, OMX, ONNN, OSTK, PTI, RBC, RTIX, RJET, SAF, SGK, SMG, SINT, SIRI, SAH, JOE, THOR, TKR, TWP, UA, UTHR, VCI, VLO, VNO, WMI, WEC
During: SNCI
After: ALO, ACAS, AFG, AMKR, ANSW, ANSR, AOC, AVR, BBBB, BUCA, BWLD, CEPH, CMG, CHRD, OFC, CCI, DENN, XRAY, DWA, EDR, EHTH, HLTH, EAC, ENTU, EQR, FEIC, FSLR, FBC, GGP, BGC, GMR, HS, SOLD, HTCH, INTX, KFRC, KYPH, LFG, LEAP, XPRT, LXRX, LNC, LNET, MXWL, MET, MIL, MPWR, MOSY, NVT, NCIT, NAL, OID, OSUR, PDFS, PLMD, RNWK, RNR, RTI, RUTH, SLRY, SVNT, SIRF, SPSS, STAA, SWN, SVR, TRMB, TTMI, TUP, OVEN, VPRT, WTS, WBMD, WFMI, WMGI

Wednesday:
Before: ASF, AGN, AT, ALVT, AHM, APU, AMCS, MT, ASPV, AVA, BEC, BRY, BYD, CBI, CI, XEC, CZN, CTSH, CXR, DWSN, DVN, D, RRD, DRQ, ECLP, EFJI, ENB, ENDP, ETM, EXR, FCL, GRMN, GWR, GTIV, HNT, HP, HWCC, IRM, JNY, KNDL, KFT, ID, LAZ, MKTX, MSO, MA, MWV, MCO, NICE, NTMD, NJR, NBL, NOVA, OSK, OC, PLD, PH, PNK, PNCK, PEG, Q, RHB, SBGI, SPW, SHOO, TSTY, TEVA, THQI, TWX, TWC, RIG, TRX, TRW, UGI, UMC, VZ, VTRU, VPHM, VC, WYN, ZGEN
After: TW, APKT, ARM, AEL, ASCA, APPB, ATML, AVB, ACLS, BARE, ABX, CA, ELY, CHE, COGT, FIX, CCRT, CNQR, DSCO, DLB, DRCO, EDS, ERTS, FRT, FBN, GPRO, GYI, GIVN, GMKT, GXP, GW, GLF, HIW, IVGN, ITRI, LF, LHCG, LQDT, MANT, MIPS, MOBE, MOLX, NABI, NANO, NAPS, NFS, NHP, OIIM, OII, ASGN, OKE, OKS, OPNT, PDLI, PVA, PVR, PNSN, PGTI, LGBT, POWI, PRU, QTM, RMKR, RCRC, SFLY, SMDI, SMSI, SOHU, SPTN, STAK, SBUX, SUNH, SUN, SYNM, TK, TTEK, THRM, CLUB, TRN, UPL, UDRL, VIRL, DIS, WCAA, WTW, WSH

Thursday:
Before: EYE, AGYS, ATG, AMRI, ATK, ALD, AMT, ANPI, ANSS, AIV, WTR, ILA, ASTSF, AACC, AIZ, ATPG, RATE, B, BNT, BIOS, BCO, BKC, CVC, CNQ, CNP, CETV, CTL, CHTR, CKP, CSK, CTEC, CBB, CLX, CMS, CDE, ED, ECI, CRPY, CVS, DNR, DSX, DMRC, DRAD, DJO, EK, ECIL, EDO, EMS, ENTG, ENZN, EXPE, EXTR, FAF, FA, GSX, GET, GTOP, GIL, GBBK, GMCR, HAE, HPY, HL, HOS, HYC, IDEV, IPCC, IP, ITG, IWA, ISTA, KBR, KBALB, LEA, LCUT, LIOX, MAC, CLI, MTRX, MDTH, MM, MGM, MORN, MWIV, NRP, BABY, NSR, NI, NOK, NRG, NYX, OGE, OMG, OCR, OPXT, OPTN, ORCH, VITA, OSCI, PTRY, PTEN, PRFT, PDGI, PDC, PPL, PDE, QCCO, PWR, RRI, REV, RSTI, RDC, RYI, SRE, SPIL, SNN, HOT, SPH, SUP, SFY, SMA, SYPR, TLM, TICC, TE, TOPT, TWGP, THS, TRMP, TRXI, TXU, USPH, ULBI, UNT, UIC, USM, VRX, VNDA, VSE, VIAC, VIA.B, VICL, VSH, WPI, WST, WLK, WMB, WPL, XFML
During: CUB, DIOD, EPEX, GSF, BID, THO, WRES
After: TFSM, ATVI, ADPT, ABCO, ARE, AW, AEE, ANDE, NLY, ARBX, AH, ASYT, ADBL, SAN, BBND, BKHM, BRS, BRKS, BUCY, CAB, CBOU, CBEY, CBL, CEGE, CTLM, CEDC, CENT, CEM, LNG, CHK, CQB, CSTR, CLRK, CVLT, DVA, TRAK, DNEX, DESC, HILL, EMKR, EVC, ERES, FOXH, GTW, GHCI, GHDX, GERN, GFIG, GES, HVT, HLEX, HIH, IDSY, IMMR, INSP, INPC, IBI, IN, ITMN, SWIM, JRT, JSDA, LVS, LEV, LPSN, LOOK, MEDX, MRX, MIDD, MWY, MOH, MOVE, MNTG, NFG, NATL, NKTR, NEM, NT, NFI, NUVO, ORH, OPWV, OPLK, OEH, PAAS, PDII, PEET, PYX, PL, PSA, QSII, SAFT, SLXP, SBAC, SGMS, SIMG, SINA, FIRE, SM, SXE, SRP, SYNA, TWLL, TELK, TX, TSRA, TBL, TRLG, URI, USTR, UEIC, UHCO, VSAT, WLT, WCG, WPTE, UBET

Friday:
Before: ASX, AFR, BRNC, BW, CSAR, EOG, FCN, HERO, ZEUS, PG, TTI, THI, TNP, WY, WLSC
After: TS

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.

Hey gang,

Right now I'm basically just managing open positions, taking lots of partials and trailing stops because many of our open long positions are highly extended and likely to correct for several months. I am not at all comfortable buying anything new at this phase of the market, but I want to wait to see how this pullback plays out this week or so before looking for any shorts since most securities need to correct some from this sharp selling. I will be keeping a look out for those securities which show very little reaction off support and form weekly Avalanche and Head and Shoulders patterns.

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.


7/9/2007 3M Company (MMM) operates as a diversified technology company. It operates in six segments: Industrial and Transportation; Health Care; Display and Graphics; Consumer and Office; Safety, Security, and Protection Services; and Electro and Communications. In recent years MMM has fallen into a trading range and it has recently formed a reverse head and shoulders pattern over the last three years. It is now retesting the highs of the range and although it may take several months for it to base along these highs before it breaks, MMM is one of my favorite "must-have" stocks for the next several years.  MMM gave an "early" trigger on 7/12/2007 over $88.81. It has highs so far of $92.32.
Other stocks to watch for long setups: TLK
Other stocks to watch for short setups: GENZ

6/11/2007 McGrath Rent Corp. (MGRC) gave a buy setup on 6/12/2007 over $32.16. It has highs so far of $34.72 (+$2.56, +7.96% move).

6/11/2007 Shinhan Financial Group (SHG) gave a buy setup on 6/20/2007 over $125.98. It has highs so far of $148.99 (+23.01, +18.26% move).

6/11/2007 Sandisk Corp. (SNDK) gave a buy setup on 6/11/2007 over $44.28. It has highs so far of $59.75 (+$15.47, +34.94% move).

6/11/2007 Herley Inds Inc. (HRLY) gave an initial high risk buy setup on 6/13/2007 over $17.81. It has highs so far of $18.38 (+$ 0.57, +3.2% move). No secondary or lower risk trigger as of yet.

5/21/2007 Saks Incorporated (SKS) may or may not have triggered, depending upon the entr strategy employed. If triggered, the entry was over $22.80. A few trades went off at that level to trip most stop buy orders.

5/14/2007 The Toronto-Dominion Bank (TD) gave a buy setup on 5/14/2007 at $62.89. It has highs so far of $70.65 (+$7.76, +12.34% move).

5/14/2007 Black & Decker Corp (BDK) gave a buy setup on 7/11/2007 over $89.53. It has highs so far of $97.01 (+$7.48, +8.35% move). $86.00 is the closest main support.

5/14/2007 Allete Inc (ALE) gave a buy setup on 7/12/2007 at $48.17. It has highs so far of $50.00 (+$1.83, +3.80% move).

5/7/2007 Universal Health Services, Inc. (UHS) Two potential entries to day: May 7th and May 21st over the previous day's highs. Target: $90-$100. Tight trailing stops hit. Long term stops under 2005 lows.

4/30/2007 aQuantive, Inc. (AQNT) gave an initial buy on 5/8/2007 at $33.51. High so far of $66.07 (+$32.56, +97.17% move). Buyout.

4/16/2007 ConocoPhilips (COP) gave a buy setup on 5/14/2007 over $70.55. It has highs so far of $90.84 (+$20.29, +28.76% move). $60.00 is support.

4/16/2007 Kla-Tencor Corp. (KLAC) gave buy setup on 4/26/2007 over $54.95. Highs so far of $62.67 (+$7.72, +14.05% move).

4/16/2007 Amazon Com. Inc. (AMZN) gave buy setup on 4/16/2007 at $43.77. Highs so far of $89.00 (+$45.23, +103.34% move).

4/16/2007 Pepsico Inc. (PEP) gave buy setup on 4/16/2007 over $64.59. Highs so far of $69.64 (+$5.05, +7.82% move).

4/16/2007 Boeing Co. (BA) gave buy setup on 4/16/2007 over $91.10. Highs so far of $107.83 (+$16.73, +15.52% move).

4/9/2007 Schnitzer Steel Industries, Inc. (SCHN) gave a continuation buy on 4/16/2007 over $46.32. Highs so far of $64.38 (+$18.06, +38.99% 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 $100.15 (+$32.96, +49.05% move).

12/11/2006 The J. M. Smucker Company (SJM) gave a breakout buy setup on 2/13/2007 over $48.30. Highs of $64.32 (+$16.02, +33.17% 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).

12/4/2006 Key Technology Inc. (KTEC) gave a buy setup on 12/18/2006 over $15.00. It reached highs of $28.35 (+$13.35, +89.00% move) so far. Some trailing stops hit.

12/4/2006 Granite City Food & Brewery (GCFB) gave a buy setup on 12/19/2006 over $5.35. It reached highs of $6.61 (+$1.26, +23.55% move) so far. Some trailing stops hit.

12/4/2006 Ceradyne Inc. (CRDN) gave a buy setup on 4/3/2007 over $56.00. It reached highs of $84.41 (+$28.41, +50.73% move) so far. Some trailing stops hit.

12/4/2006 ConocoPhillips (COP) gave a buy setup on 12/5/2006 over $67.66. This was a higher risk setup due to the lack of a weekly base. It reached highs of $90.84 (+$23.18, +34.26% move) so far. Some trailing stops hit.

12/4/2006 Questar Corp. (STR) gave a buy setup on 12/4/2006 over $43.65. This was a higher risk setup due to the lack of a weekly base. It reached highs of $58.75 (+$15.10, +34.59% move) so far. Some trailing stops hit.

12/4/2006 Chesapeake Energy Corp. (CHK) gave a buy setup on 2/23/2007 at $30.08. It reached highs of $37.75 (+$7.67, +25.50% 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 Ceradyne Inc. (CRDN) gave a cont. buy setup on 11/6/2006 over $48.33. It hit highs of $84.41 (+$36.08, +74.65% move) so far.

10/30/2006 HUB Group Inc. (HUBG) gave a buy setup on 11/3/2006 over $26.32. It hit highs of $39.39 (+$13.07, +49.66% 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 $46.47 (+$18.79, +67.88% 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 $27.00 (+$5.88, +27.84% move) so far.

9/18/2006 Varian Inc. (VARI) gave a buy setup on 9/20/2006 over $48.75. It hit highs of $61.08 (+$12.33, +25.29% 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 $45.32 (+$8.50, +23.09% move) so far.

8/7/2006 Stericycle, Inc. (SRCL) gave a buy setup on 9/20/2006 over $34.00. It has highs of $51.64 (+$17.64, +51.88% move). Tight trailing stop likely to hit this week.

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 $65.73 (+$22.11, +50.69% move). Trailing stops likely to hit this week on a weekly Avalanche.

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 $57.30 (+$17.41, +43.65% move). The 20 week sma is support. 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 $35.84 (+$12.55, +53.89% move). $25.00 support.

7/17/2006 Nuveen (JPS) second chance at entry.

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.

7/3/2006 ITT Educational Services, Inc. (ESI) gave a breakout buy setup over the $66.18 zone on 7/28/2006. It has highs of $121.34 (+$55.16, +83.35% move) and support at $65. Some trailing stops hit.

6/05/2006 RPM International, Inc. (RPM) gave a breakout buy setup on 9/5/2006 over $19. Highs $25.74 (+$6.74, +35.47% move).  Some trailing stops hit.

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

10/17/2005 ASML Hldg NV N Y SHS (ASML) over $17.50 on 11/02/2005. Highs $30.85 (+$13.35, +76.29% 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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