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August 4, 2008 
 



Toni Hansen's Interactive
CD series:

- 5 Technical Signals You Should NOT Trade Without

- Trading Market Simple: No Indicators Necessary!

-Toni Hansen's Quick Reference Guide to Successful Market Timing

All for the unbeatable price of $279!

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Earnings Preview:
Names expected to report this week include:

Monday, July 21, 2008
Before: EYE, ALY, CMED, CHD, CTB, DISH, ETM, FNM
(?), RAIL, GWR, HUM, HYC (?), ICE, MDU, MCY, MSTR (?), NTE, GAS, OWW, ORBK, SBAC, SIX, STEC, TM
After: ACTS, ACTU, ADLR (?), AIMC, ASEI (?), ASCA, APC, ARRY (?), ATHN, AXS, RATE, BAS, BLKB, CLDN, CSR, CVLT, CRK, CUTR, DVA, ERES, GSX, HCKT, HGIG, HVT, HE, HCP, HE, HCP, HMA, HL, HIMX, HLTH, IBI, KNXA, LF, LQDT, MKL, MASI, MWY, ODSY, ASGN, OEH, OTTR, PKY, PBI, PPS, PFG, PSB, QGEN, RACK, RTEC, SAFT (?), SLXP, SNTS, SMTL, SM, SUPG, SYKE, SVR, THRM (?), TNS, THS, TMWD, UDR, VVUS, WWWW, WBMD, WGL

Tuesday, July 22, 2008
Before: ACW, ADES, ALD, AHCI, AMSC, APAC, ADM, AACC, ATRC, BBG, BLT, EAT, CSE, FUN, CEDC, CHTR, CKP, XEC, CZN, CMS, COV, COWN, DNR, DXYN, DTG, DHI, DUK, EMS, EPL, NPO, EXPD, GET, GLBC, GLBL, WOLF, GBE, GTXI, HNR, HNT, HPY, HSIC, HEW, HURN, ICON, IFLO
(?), IIVI, IDEV, IRC, IPGP, JRCC, LEAP, TVL, LIOX, MMP, MVL, MTRX, MXGL, MEDX (?), MGM, TAP, NNDS, NURO, NSR, NGPC, NI, NTMD, GLT, PKD, PCAP, PDX, PPCO, PXD, PG, RRI, RDC, SCR, SKH, JOE, STXS, SHOO, THC, TLCV, TDG, GTS, UNT, VNDA, VSAT, VICL, VNO, WTI, WEN, WST, WLK, WY, GR, WWE
During: SNHY
After:
 
ABCO, MDRX, ACAS, AMKR, ARNA, ATN, ATO, BIDZ, BMRN, BIO, NILE, SAM, CELL, CBM, CBOU, CBL, CBF
(?), CTLM, CRL, CHDN, CSCO, CNL, CCRT, CSC, CCRN, DEIX, DXCM, DRRX, ENTR, XCO, EXEL, FCH, FOE, FIS, FST, GHDX, GGC, GLUU, GOLF, HRS, HCN, HLEX, HLS, HLF, HME, INSP, INAP, IO, JCOM, JBX, KCP, LNDC, LTRE, LOCM, LOOK, MCHX, MMLP, MRX, MOLX, MSCS, MFLX, N, NWS.A, OKE, OKS, ONXX, OPWV, OPNT, OSUR, ORA, PACR, PZZA, PCLN, PL, QSFT, RENT, RMD, RUTH, SONE, SMSI, SNCI, BID, SGY, SHO, SNCR, TEAM, TX, TIE, UPL, UNTD, USU, VTR, VOLC, WMC, WFMI, WMS, ZGEN

Wednesday, July 23, 2008
Before: TDSC, AGU
(?), AKNS, AMRI, LNT, ALTI, ABK, WTR, ABTL, AVT, BCE, BX, BRS, CALP, LSE, CNP, CINF, CWEI, CLHB, CGX, DF, DVN, DSCO, RRD, EP, EE, ENZN, XJT, FWLT, FRE, FTO, FCN, GEL, GNA, HSII, HLCS, HGG, HOC, HSP, HPT (?), ICFI, IHR, KNDL, KLIC, LAMR, LCRY, LINC, LOJN, LL, MFB, MMC, MDH, MGAM, MYL, NDAQ, NEWS, NICE, OZM, ONNN, OPTR (?), PTI (?), PQ, PCG, PNK, PXP, PLA, PLUG, RL, PWR, KGS (?), KWK, Q, RSTI, SNH (?), SPIL, SBGI, SIRO, SKYW, SE, TRK, S, SMA, TTES, TKLC, TICC (?), TWX, TWC, RIG, RMIX, WRES, WPI, WPTE, XRIT, YGE
After:  JOBS, AAP, AIRN, ALNT, ALJ, AIG, ARII, ACF, AMSF, AHS, ANEN
(?), ANDE, AHT, CAR, BBBB, BZP (?), CPE, CECO, CBEY, STV, RIO, COGO, CNO (?), CPII, CUB (?), DCGN, HILL, DCP, EGLE, DIET, BAGL, EMKR (?), EAC, EVC, EXLS, FVE, FLML, FNET, FBN, GGB (?), GERN (?), GIVN (?), GDP, GXP, HIL, HRC, TEG, INET (?), INXI (?), JRT, LRN (?), LPSN, LMIA, MGA, MXWL, MSSR, MEAS, MRN, MR (?), NCMI, NFS, NHP, NKTR, NTLS (?), OPXT, PEIX (?), PRXL, PVA, PVR (?), PAA, PLNR, PRSC, RJET, RUBO, WINS (?), SALM, SVNT, SCI, SINA, STAN, BEE, SUNH, SUN, TK, TS, TRLG, TXCO, UTI, URS, UTSI, VRAZ, CHIP (?), VRSN, WCAA

Thursday, July 24, 2008
Before: FLWS, ABH, ACMR, AIXD, ACM, AER, AES
(?), AGYS, ARE, ARK, ANSS, AHR (?), ARD, ARCC, STST, ARIA, ARQL (?), ARE (?), ALC, ATPG, BKUNA (?), BRL, BCRX, BBI, BORL, BRNC (?), CNQ (?), CAH, CATM (?), CRZO (?), CPHL, CDL, CCU (?), CCO (?), CHCI (?), ED, CNSL, CEP, CXW, CMLS (?), CYCC, DK, DPTR, DTPI, DTV, DRQ (?), DYN, EPB (?), EMAG (?), EBS, ENG, FRP (?), FIG, GEO (?), GOK, GILT (?), GCA (?), GPX, GPOR, HEES, HDIX, ITWO, ICTG, IDA, IMAX, IDCC, VTIV, IONA (?), IDID, JMP, KALU, KBALB, KG, KOP, LXP, LCUT, LINE, LIZ (?), MAC, MIC, MLM (?), MMS (?), MCGC, MDTH, MCCC, MDCI, MPW, MED, TMR, MESA (?), PCS, MF, MEND, MINI, NGS, NRF, NOVN (?), CHUX, OMG, OHI, OFIX, VITA, PTIE (?), PEI, PRFT, HK (?), PNCL (?), PMI, POL, POR, PBH, PDE, PGN, QCCO, ROLL, FRZ, RIGL (?), RMG (?), RIV, SBH, SLE, SGK (?), SRE, SIRI (?), SNN, SUG, SBSA, SEP, SPH, SUP (?), SWSI, SURW, SFY, SXCI (?), TECH (?), THI, TWGP, TRMP, USPH, URBN (?), USM, VTAL, VG, WRC, WMG, WNR, WON, WMB, WPZ, WATG
During:  ASFI (?), DIOD, EPEX (?), NCT (?), RAME (?)
After:  NDN, APKT, ANW (?), ACS, AIRM, ALKS, AMCP, AGNC (?), ARP, ANSV (?), AGII, AGO, ATW, BLTI, EPAY (?), BRKS (?), BLG (?), CPKI, CHINA, CENT (?), CHLN (?), CLWR, COGT, CCIX, COSI,  CROX (?), DAR, DCT (?), DECK, PROJ (?), DNDN (?), DWRI (?), DNEX, DIVX, DM, DTSI (?), ELX, ENOC, ESE, FVRL (?), FMD (?), ROCK, GUID, HANS, HLYS, HTZ, HYTM (?), IFON (?), IUSA (?), IPAS, ISTA, JSDA, JUPM, KFN, LMNX, MVSN, MNKD (?), ME, MIDD (?), MIVA (?), MOVE, NABI, NFG, NLST, OCNW, OPTV, PRX, PLLL (?), PARL (?), PDLI (?), PSPT (?), PCR (?), PMC, POWR, PGIC (?), PRO, PSA, QLTY, RAE (?), RSCR, SD, SAPE, SOMX, SPC, SRSL, SNS (?), SPSX (?), SYMM (?), KNOT, NCTY, TMA (?), TRMS (?), UNCA, UEIC, YSI, VITL (?), WES (?), WEDC, INT, ZIPR

Friday, July 25, 2008
Before: AYR, AIT, BECN, CAPA, CNK, CDE, CCOI, XTEX, XTXI, CRYP, CYPB, DMRC
(?), UFS, EIX, FGXI (?), HALO, IAG, LPNT, MBI, NOOF, NAT (?), NVAX, OFI (?), RBA, SMBL, TTI, TRGL, WCRX, WR, WIN
After:  ACLS, LNG (?), XOMA (?)

Note: All economic numbers and earnings reports are in line with those compiled by Briefing.com. Occasionally changes will occur that are made after the posting of this column and some companies have not confirmed their time, so always double check when taking positions overnight during earnings season! (?) = Not yet confirmed at the time the list was compiled.



 

Hitachi Limited ADR (HIT)
together with its subsidiaries, provides various systems, products, and services for information and telecommunication systems, electronic devices, power and industrial systems, digital media and consumer products, materials and components, logistics, and financial services sectors.

Sector: Industrial Goods
Industry: Farm & Construction Machinery

HIT has been in a narrow trading range since 2004 after pivoting off lows in 2003. It hs recently been hugging the upper end of the rang eon a daily time frame. Although this still may be a bit early on a weekly and monthly chart, it is not unusual for stocks in a range like this to break without stalling for too long at the highs and will come out of a shorter range instead. This is particularly true when volume increases coming off a prior low, which is the case thanks to the volume activity in May. As such, I'll be using this breakout on the daily to begin to build a position on the long side in HIT. My target on HIT is $100-$105. It closed last Friday at $74.72.

Watch Stocks:
Long: AMTD, SYMC, ABI

- Toni Hansen

Brandon Fredickson's Blog: http://p5equities.blogspot.com/
Toni Hansen's Blog: http://www.tonihansen.com/blog

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Updates on Open Positions

View 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.

NOTE: A lot of positions were closed this past week with trailing stops and exits under support levels. Those that were closed are now located in the larger record.

7/21/2008 Intuitive Surgical Inc. (ISRG) gapped significantly past the entry trigger, so unless it was picked up early, this position has not yet been aquired. 


7/14/2008
Royal Gold, Inc. (RGLD) Although we missed the initial trigger on this one about two weeks ago, we still have plenty of room to catch it on smaller time frame corrections. This monthly triangle has just now begun to break higher. My target on RGLD is the $48-50 zone. June's lows will serve as support.

6/23/2008 Almost Family (AFAM) gave an early buy trigger on 6/26/2008 at $26.60. It has highs so far of $34.90 (+$8.30, +31.2%). - Brandon Fredrickson

6/9/2008 Constellation Energy Group, Inc. (CEG) gave a buy trigger on 7/18/2008 at $80.17 It has highs so far of $85.53 (+$5.36, +6.69%).

6/9/2008 Medtronic Inc. (MDT) gave a watch list buy trigger on 7/8/2008 over $52.00. It has highs so far of $54.89.

6/9/2008 Psychiatric Solutions (PSYS) gave a swingtrade buy trigger on 6/18/2008 over $37.00. It has highs so far of $40.05 (+$3.05, +8.24%). Position trade potential.

6/9/2008 Expeditors Intl Wash Inc. (EXPD) gave a short trigger on 6/11/2008 under $45.71. It has lows so far of $33.71 (+$12, +26.25%). Targets hit on swingtrade.

6/9/2008 Allegheny Tech. Inc. (ATI) gave a short trigger on 6/10/2008 under $66.00. It has lows so far of $45.03 (+$20.97, +31.77%). Targets hit. Given 6/2/2008 in the chatroom under $73.67.

6/9/2008 Rockwell Automation Inc. (ROK) gave a short trigger on 6/9/2008 under $53.90. It has lows so far of $40.58 (+$13.32, +24.71%). Targets hit.

6/9/2008 Proshares Ultrashort QQQ (QID) gave a swingtrade buy trigger on 6/9/2008 over $38.96. It has highs so far of $48.67 (+$9.71, +24.92%). Targets hit for short term traders.

6/2/2008 McCormick & Company, Incorporated (MKC) gave an early buy setup on 6/5/2008 over $37.73. It does still have potential to pull back a bit more on the weekly time frame before it can confirm a larger break of this range. It has highs so far of $41.04 (+$3.31, +8.77%)

Position Trade Long: TRLG (initial setup already triggered, so correction is ideal before a continuation)


6/2/2008 Genworth Finl. Inc. (GNW) gave a short trigger on 6/2/2008 under $22.08. It has lows so far of $14.13 (+$7.93, +36.01%). Targets hit for short term traders.

6/2/2008 XMSR gave a short trigger on 6/2/2008 under $10.49. It has lows so far of $6.78 (+$3.71, +35.37%). Targets hit for short term traders.

6/2/2008 Exelon Corp. (EXC) gave a short trigger on 6/26/2008 under $89.36 with resistance at $92. It hit lows of $75.41 (+$13.95, +15.61%).

6/2/2008 Transocean Inc. (RIG)  gave a swingtrade short trigger on 6/2/2008 under $149.89. It has lows so far of $131.50 (+$18.39, +12.27%). Targets hit. Some trailing stops hit.

5/19/2008 PowerShares DB Agriculture Fund (DBAgave a buy trigger on 6/2/2008 over $36.00. It has highs so far of $42.65 (+$6.65, +18.47%). Initial target hit.

4/21/2008 Old Dominion Freight Line, Inc. (ODFL) gave a buy trigger on 7/16/2008 at $30.73. It has highs so far of $38.50 (+$7.77, +25.28%). Initial target hit. My target zone is between $42-46.

4/7/2008 Rowan Companies, Inc (RDC) gave an initial buy trigger on 4/18/2008 over $41.78. It has highs so far of $47.72 (+$5.93, +14.19%). My initial target is $53. Some trailing stops hit.

3/3/2008
Universal Health Services Inc. (UHS) gave a watch list buy trigger on 3/25/2008 over $51.82. It has highs so far of $65.87 (+$14.05, +27.11%). Some trailing stops hit on shorter term hold. Momo reversal target hit.

11/12/2007 Lilly Eli & Co. (LLY) gave a short setup on 12/31/2007 under $53.71. It has lows of $45.36 (+$8.35, +15.55%). Some trailing stops hit.

9/24/2007 Martek Biosciences Corp. (MATK) gave an initial buy trigger on 9/24/2007 over $28.84. It has highs so far of $38.55 (+$9.71, +33.67%). Some trailing stops hit. This looks lower this week, so can use right trailing stop on the rest unless willing to hold to the 20 month sma.

9/10/2007 Automatic Data Processing Inc. (ADP) gave a short setup on 9/10/2007 under $44.61. It has lows of $37.75 (+$6.86, +15.38%). Trailing stops hit for many.


* 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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TradingFromMainStreet.com and Bastiat Group, Inc.