COD Archive:

 

Chart of the Day for TUESDAY  08-31-04

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PGTV: Friday the stock traded down for the day in a down trending market to closed at ($10.24) off (-.07c).
Last night after the close the Co said, " We filed our Form 10-Q for the quarterly period ended June 30, 2004 believing that our independent accountants had completed their quarterly review procedures in accordance with Statement on Auditing Standards No. 100, Interim Financial Information ("SAS 100"). On August 18, 2004, we came to understand that our independent accountants had not completed their SAS 100 review with respect to our accounting for our limited partnership interest in Pegasus PCS Partners."  After-hours activity; MOM research Admins took notice that some muscle players started slowly buy-up the stock right after the close on very low volume. The stock then moved to the upside where first call players got the news before it hit the DJ news wire, forcing the stock to moved to the upside. The stock hit a high of $11.00. The stock then close the post market session at the high. Let take a technical look at the numbers for today's trading.  Above $11.08 with conformation @ $11.15 the stock can make an upside move to $11.25, $11.34, $11.48 then $11.68 providing the futures are moving to the upside from the pre-market open at 8:00 am ET into the 9:30 market open. If so other upside numbers are $11.78 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $10.95 with conformation at $10.90 the stock can slide to see $10.73, $10.50, $10.24, $$$$ then $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}. The Co also said "We are reviewing whether some or all of the related investment, which is currently classified as noncurrent assets, should instead be classified as a contra equity account, which would result in a reduction in stockholders' equity. At June 30, 2004, the related investment totaled $19.2 million. Our independent accountants will not complete their review on this issue until we complete our assessment of the accounting treatment. We have provided to and discussed with our independent accountants the disclosures in this filing".

Keep in mind today, Tuesday the 31st –  At 10:00 ET Consumer Confidence numbers will be posted.  Consensus are 103.00.  The Conference Board's consumer confidence index increased several points in July reaching a level of 106.1, which was nearly 30 points higher than the year ago level. Early indications for the University of Michigan consumer sentiment index for August suggest a slight drop for the month.  At 10:00 ET
NAPM Chicago numbers will be posted.  consensus are 60.0.  The business barometer from the NAPM-Chicago jumped more than 8 points in July to reach a level of 64.7. This was still a bit lower than the May level of 68! Market players view this index as a leading indicator for the manufacturing ISM, but keep in mind that it also incorporates non-manufacturing activity and thus moves more dramatically than the ISM in any given month.  

Globex futures have been trending to the upside across the board from 1:00 am ET.

PGTV: (http://WWW.PGTV.COM) Pegasus Communications Corporation is a holding company that conducts its operations through its subsidiaries. Pegasus Satellite Communications, Inc. is a direct subsidiary of Pegasus Communications through which the Company conducts it's direct broadcast satellite and broadcast television businesses. Pegasus Satellite is a holding company, has issued debt and preferred stock, and is the parent company of Pegasus Media & Communications, Inc. Pegasus Media has debt outstanding under a credit agreement and has separate subsidiaries that conduct the Company's direct broadcast satellite business and substantially all of its broadcast television business. Pegasus Development Corporation is a direct subsidiary of Pegasus Communications. Pegasus Development holds two Ka band satellite licenses granted by the Federal Communications Commission (FCC) and intellectual property rights licensed from Personalized Media Communications L.L.C. (Personalized Media)

See this “Swing Trading” link for Q&A about our market methodology and trading philosophy for further information about how we approach the market.  Platinum swing letter members get the early bird signals on these power movers, thank you for your support ~Click here -------------------------------->>>>>>> http://www.mindovermarket.com/mindovermarkets/swing_trarading.asp

 

 

Chart of the Day for FRIDAY  08-27-04

TECD: Thursday the stock traded off for the day in a choppy negative market to closed at ($37.45) off (-.06c). Last night after the close the Co, reported Q2 (Jul) earnings of $0.52 per share, $0.03 better than the consensus of $0.49; revenues rose 9.6% year/year to $4.58 bln vs the $4.48 bln consensus. For Q3 co sees EPS of $0.52-0.57 and revs between $4.65-4.80 bln, consensus is $0.54 and $4.65 bln. After-hours activity; MOM research Admins took notice that some muscle players started slowly buying-up the stock right after the close on big volume. The stock then started to soar up where first call players got the news before it hit the DJ news wire forcing the stock moved to the upside. MOM research Admins alerted our members of a trend forming to the upside. The stock then exploded to the upside after the earning post and into the conference call to hit $39.45 before pulling back to the 38.70s area. The stock then ran back up to finished the post market session at $39.00. Let take a technical look at the numbers for today's trading.  Above $39.25 with conformation @ $39.41 the stock can make an upside move to $39.85, $39.97 then $40.23 providing the futures are moving to the upside from the pre-market open at 8:00 am ET into the 9:30 market open. If so other upside numbers are $40.42 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $38.75 with conformation at $38.57 the stock can slide to see $38.20, $38.00, $37.64 $$$$ then $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}.

Keep in mind for Friday the 27h– At 8:30 ET  Gross Domestic Product (GDP) numbers will be posted. This is a market moving economic indicator.  Consensus 2.7%, GDP deflator 3.2%.  The Bureau of Economic Analysis initially estimated that real GDP grew at a 3 percent rate in the second quarter. Economists are looking for a downward revision this week since the merchandise trade deficit was dramatically larger than expected in June. Also at 9:45 ET Consumer Sentiment numbers will be posted
Consensus are 94.0.  The University of Michigan's consumer sentiment index fell back to 94 at mid-month as consumers likely reacted to higher oil prices as well as intensified skirmishes in Iraq sabotaging pipe lines. Nothing has changed since - oil prices have come off a bit but are still high and there is still fighting in Iraq.

Globex futures have been trending to the
upside across the board from 1:00 am ET.

TECD: (http://www.techdata.com) Tech Data Corporation is a distributor of information technology products, logistics management and other value-added services worldwide. It distributes microcomputer hardware and software products to value-added resellers, corporate resellers, retailers, direct marketers and Internet resellers. The Company and its subsidiaries distribute to approximately 80 countries, and serve resellers in the United States, Europe, Canada, Latin America, the Caribbean and the Middle East. In addition to a strong product offering, Tech Data provides resellers with pre- and post-sale technical support, a suite of electronic commerce tools (including Web order entry and electronic data interchange services), customized shipping documents, product configuration/integration services and flexible financing programs.
 

 

Chart of the Day for THURSDAY  08-26-04

APOL: Wednesday the stock traded up for the day and closed at ($73.34) plus (+$1.29) . Last night, after the close the Co hosted conference call and on the call management says it is still seeing strong demand for its existing on-ground campuses, and that it has been encouraged by the number of VPs requesting new locations. Company says its FY05 guidance is 'not more aggressive' than past guidance. 'it is too early to tell' if it is conservative, but there are things in 2H05 that could make it that way.  After-hours activity;  MOM research Admins took notice that some muscle players started slowly buying-up the stock right after the close on low volume.  The stock then popped forcing the stock moved to the upside. MOM research Admins alerted our members of this move emphasized before the move up. The stock then exploded to the upside to hit $77.80 after the close then pulled back and ran back up to make a new high of $77.90 into and during the conference call.  The stock then pulled back to finished the post market session at $75.90 on the negative CECO news. Let take a technical look at the numbers for today's trading.  Above $76.19 with conformation @ $76.58 the stock can make an upside move to $77.02, $77.33 then $77.75 providing the futures are moving to the upside from the pre-market open at 8:00 am ET into the 9:30 market open. If so other upside numbers are $77.94, $78.46 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $75.56 with conformation at $75.27 the stock can slide to see $74.95, $74.60, then $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}. Also on its call, Apollo Group says that the rising cost of leads is part of the general cycle (not because of more competiton) and that it won't be affected by the higher cost. Adds that the availiability of leads is still strong ('we have enough to do business this year'). Keep in mind that last night there where other education stocks also benefiting from APOL's guidance, the stocks are as follows: UOPX, CECO, COCO. Then news hit the wire after the APOL's conference call that the Justice Department launched a grand jury investigation on CECO seeking allegations of fraud should that would lead to criminal charges. This news then smacked CECO and pulled, UOPX, APOL, COCO back down. Lets see if this negative news weighs in on the stocks into the open.

Keep in mind today, Thursday the 26th – Thursday – At  8:30 ET Jobless Claims numbers will be posted. Consensus are 340K.  New jobless claims fell 3,000 in the week ended August 14 to 331,000; as a result, the 4-week moving average dropped to 337,000. This was the fourth drop in five weeks and is perhaps setting a new lower trend for new claims. 

Globex futures have been trending
downside across the board from 1:00 am ET.

APOL: (www.apollogrp.com) Apollo Group, Inc. provides higher education to working adults. The Company operates through its subsidiaries, The University of Phoenix, Inc., University of Phoenix Online, Institute for Professional Development, The College for Financial Planning Institutes Corporation and Western International University, Inc. The Company offers its programs and services at 71 campuses and 121 learning centers in 37 states, Puerto Rico and Vancouver, British Columbia. Combined degree enrollment was 200,052 as of August 31, 2003.
 

 

1st Chart of the Day for WEDNESDAY  08-25-04  (1 of 2 charts)
 

DITC: Tuesday, the stock traded up to closed at ($18.25) plus (+.29c). Last night after the close the Co reported their Q1 (Jul) earnings of $0.28 per share from continuing operations, $0.06 better than the consensus of $0.22; revenues rose 138.3% year/year to $25.5 mln vs the $25.3 mln consensus. Co expects Q2 (Oct) revs to rise 8%-10% sequentially which computes to $27.6-$28.1 mln vs consensus of $26.1 mln. After-hours activity;  MOM research Admins took notice that some muscle players started slowly buying-up the stock right after the close on low volume. The stock then started to slowly trended up where first call players got the news before it hit the DJ news wire forcing the stock moved to the upside. The stock then popped to $19.15 just before the earnings post then launched to the upside where MOM research Admins alerted our members of a trend forming to the upside. The stock then exploded to the upside during the conference call to hit $23.35. The stock then pulled back to hit and bounce off 22.89 and retraced back up to tap the $23.30s area to finished the post market session at $23.28. Let take a technical look at the numbers for today's trading.  Above $23.36 with conformation @ $23.51 the stock can make an upside move to $23.65, $23.99, then $24.25 providing the futures are moving to the upside from the pre-market open at 8:00 am ET into the 9:30 market open. If so other upside numbers are $24.61 then $24.82 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $23.21 with conformation at $23.06 the stock can slide to see $22.87, $22.62, $22.26 then $$$$ and $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}.  Co also announces that it has secured orders to deploy its Voice Quality Assurance solutions with two new customers in Asia. The orders, totaling in excess of $5 mln, represent Ditech's first large deployments of its VQA technology in this region.

Keep in mind today, Wednesday the 24th– At 8:30 ET  Durable Goods Orders. This is a market moving economic indicator.  New orders for durable goods rose 0.9 percent in June after declining in both April and May. Excluding defense orders, new orders dipped 0.2 percent in June, the third straight monthly drop. In order for the manufacturing sector to improve, new orders need to pick up steam. Also at 10:00 ET New Home Sales. Consensus 1.3M.  New home sales fell 0.8 percent in June to a 1,326,000 unit rate after surging 11.7 percent in May. Record low mortgage rates are still helping to boost home sales. This should lead to gains in home furnishings and appliances as well.

Globex futures have been trending to the upside across the board from 1:00 am ET.

DITC: (www.ditechcorp.com) Ditech Communications Corporation is a global telecommunications equipment supplier for voice networks. The Company's voice-processing products include echo cancellers, which are used to eliminate echo, a problem in existing and emerging voice networks. Echo cancellers have been Ditech's primary source of revenue to date. The Company's newest voice-processing products not only provide customers with the traditional echo cancellation features, but also can be used to provide voice quality assurance (VQA) features that address issues, such as background noise and other voice quality issues in wireline and wireless communications. On July 16, 2003, the Company completed the sale of the optical subsystem communications business. Ditech directly markets its products in the United States and to a lesser degree, through original equipment manufacturers (OEMs) and distributors.

 

 

2nd Chart of the Day for WEDNESDAY  08-25-04 (2 of 2 charts)

SMTC: Tuesday, the stock traded down for the day to closed at ($17.63) off (-.63c). Last night after the close the Co reported their Q2 (Jul) earnings of $0.22 per share, $0.01 better than the Reuters Estimates consensus of $0.21; revenues rose 53.2% year/year to $68.3 mln vs the $67.5 mln consensus. Company issues in-line guidance for Q3 (Oct), sees EPS of $0.23 vs. Reuters Estimates consensus of $0.23.  After-hours activity;  MOM research Admins took notice that some muscle players started slowly buying-up the stock right after the close on low volume. The stock then started to slowly trended up where first call players got the news before it hit the DJ news wire forcing the stock moved to the upside. The stock then dipped to $17.40s area just before the earnings post then launched to the upside where MOM research Admins alerted our members of a trend forming to the upside. The stock then exploded to the upside into the conference call to hit $19.00s before pulling back to the 18.60s area. The stock then retraced back up to tap on a high of $19.10s area to finished the post market session at $19.00. Let take a technical look at the numbers for today's trading.  Above $19.10 with conformation @ $19.23 the stock can make an upside move to $19.35, $19.56, then $19.73 providing the futures are moving to the upside from the pre-market open at 8:00 am ET into the 9:30 market open. If so other upside numbers are $19.97 with conformation at $20.21 the stock can run to $$$$ then $$$$. Look for a short trigger at $18.83 with conformation at $18.75 the stock can slide to see $18.42, $18.24, $18.15 then $$$$ and $$$$
(For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}.  Co says "new orders in the Q2 of Y05 exceeded shipments for the period, resulting in a book-to-bill ratio of greater than 1:1. The strongest growth came from the Company's timing and synchronization or SETS product line used in high-speed communications." Also, CIBC reiterated the Co to a outperform this morning  with a price target of  $30 Also the Co sees a positive Q2, and a bullish outlook from the Co management relative to market expectations.

SMTC: (www.semtech.com) Semtech Corporation designs, produces and markets a range of analog and mixed-signal semiconductors that are sold principally to customers in the computer, communications and industrial markets. Its products are designed into a variety of end applications, including notebook and desktop computers, computer gaming systems, personal digital assistants (PDAs), cellular phones, wireline networks, wireless base stations and automated test equipment (ATE). Products within the communications market include products for local area networks, metro and wide area networks, cellular phones and base stations. Industrial applications include ATE, medical devices and factory automation systems. The Company's end customers are primarily original equipment manufacturers and their suppliers, including Agilent, Cisco, Compal Electronics, Dell, Hewlett Packard, IBM, Intel, Lucky Goldstar, Microsoft, Motorola, Quanta Computer, Samsung, Sony and Unisys.
 

 

Chart of the Day for TUESDAY  08-24-04

YELL: Monday, the stock traded down in a choppy market to closed at ($41.09) off (-$2.01). Last night after the close the Co stated that overall business trends remain consistent with its internal forecast for Q3. This forecast was the basis for its prior Q3 EPS guidance of $1.20-1.25, consensus is $1.25. Co expects Q3 EPS to be at least within this range. After-hours activity; MOM research Admins took notice that some muscle players started slowly buy-up the stock right after the close on very low volume. The stock then moved to the upside where first call players got the news before it hit the DJ news wire, forcing the stock to moved to the upside. The stock hit a high of $41.35. The stock then close the post market session at the high. Let take a technical look at the numbers for today's trading.  Above $41.58 with conformation @ $41.70 the stock can make an upside move to $41.92, $42.10, then $42.27 providing the futures are moving to the upside from the pre-market open at 8:00 am ET into the 9:30 market open. If so other upside numbers are $42.33 then $42.54 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $41.09 with conformation at $40.98 the stock can slide to see $40.81, $40.56, $40.35 then $$$$ and $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}.  Also

Keep in mind today, Tuesday the 24th – At 10:00 ET Consumer Price Index (CPI), numbers will be posted, consensus are 0.1%. Also at 10:00 ET Existing Home Sales numbers will be posted , consensus are 6.85M.  Existing home sales rose 2.1 percent in June to a 6.95 million-unit rate. It was the fifth consecutive monthly gain. Consumers are certainly taking advantage of the historically low interest rate environment. Eventually, a rising fed funds rate target will translate into a higher interest rate environment. In the meantime, mortgage rates remain below 6 percent.

This morning, Globex futures have been trending to the upside across the board from 1:00 am ET.

YELL: (www.yellowcorp.com) Yellow Roadway Corporation offers its customers a range of asset-based and non-asset-based transportation services through wholly owned operating subsidiaries. Yellow Technologies, Inc., a captive corporate resource, offers technology solutions and services exclusively for Yellow Roadway companies. Its subsidiaries are Yellow Transportation, Inc., Roadway Express, Inc., New Penn and Meridian IQ, Inc., all of which are Yellow Roadway Corporation's subsidiaries, as well. Yellow Transportation offers services for the movement of industrial, commercial and retail goods. Roadway Express offers long-haul, interregional and regional less-than-truckload (LTL) freight services on two-day and beyond lanes. New Penn is a regional, next-day, ground LTL carrier of general commodities. Meridian IQ is a non-asset global transportation management company that plans and coordinates the movement of goods worldwide to provide customers a single source for transportation management solutions.
 

 

Chart of the Day for MONDAY  08-23-04

CKFR: Friday the stock traded down for the day in a upside market to closed at ($25.57) off (-.40c).
Over the weekend an article was written in Barron's discusseing semiconductors in its Plugged in column over the weekend. The discussion said that online bill paying it trending up. This weighs in well for the Co. The collom also ates margins have increased to 60% from 41% over the past four years.  After-hours activity;  Friday the stock lifted 2c after the close. MOM research Admins took notice of this news being a negative on the stock for Mondays trading. Let take a technical look at the numbers for today's trading.  Above $25.50 with conformation @ $25.57 the stock can make an upside move to $25.85, $26.00, $26.13 then $26.45 providing the futures are moving to the upside from the pre-market open at 8:00 am ET into the 9:30 market open. If so other upside numbers are $26.73 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $25.24 with conformation at $25.00 the stock can slide to see $24.81, $24.56, $24.25, $$$$ then $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}.

Keep in mind today, Monday the 23rd – No major eco news will be posted.

Globex futures have been trending to the upside across the board from 1:00 am ET.

CKFR: (
www.checkfreecorp.com) CheckFree Corporation is the parent company of CheckFree Services Corporation, the principal operating company of the business. The Company, through CheckFree Services, operates in three business segments: Electronic Commerce, Software and Investment Services. The Electronic Commerce segment provides services that allow consumers to receive electronic bills through the Internet, pay bills received electronically or in paper form to anyone and perform ordinary banking transactions, including balance inquiries, transfers between accounts and online statement reconciliation. The Software division operates three units, each of which delivers software, maintenance, support and professional services. These units are Automated Clearing House Solutions, Financial and Compliance Solutions and i-Solutions. The Investment Services segment includes investment portfolio management services and investment trading and reporting services.

 

 

Chart of the Day for FRIDAY  08-20-04

ADSK: Thursday the stock traded off for the day in a choppy negative market to closed at ($37.36) off (-.54c). Last night after the close the Co, reports their Q1 (Apr) earnings of $0.34 per share, $0.04 better than the consensus of $0.30; revenues rose 32.1% year/year to $279.6 mln vs the $267.3 mln consensus. Company issues upside guidance for Q3 (Oct), sees EPS of $0.34 vs consensus of $0.28, for Q4 sees $0.51-0.55, consensus $0.52. After-hours activity; MOM research Admins took notice that some muscle players started slowly buying-up the stock right after the close on big volume. The stock then started to soar up where first call players got the news before it hit the DJ news wire forcing the stock moved to the upside. MOM research Admins alerted our members of a trend forming to the upside. The stock then exploded to the upside into the conference call to hit $40.28 before pulling back to the 39.30s area. The stock then ran back up to tap on a high of $40.48 to finished the post market session at $40.42. Let take a technical look at the numbers for today's trading.  Above $40.65 with conformation @ $40.88 the stock can make an upside move to $41.37, $41.67 then $42.13 providing the futures are moving to the upside from the pre-market open at 8:00 am ET into the 9:30 market open. If so other upside numbers are $42.35 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $40.20 with conformation at $40.00 the stock can slide to see $39.63, $39.49, $39.17 $$$$ then $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}. NEWS ALERT; This morning, Lehman raises estimates and maintain overweight on the Co, Lehman sees channel checks pointing to improving demand, and acceleration in 2H.

Friday the 20th– No major eco news will be posted today.

Globex futures have been trending to the downside across the board from 1:00 am ET.

ADSK: (www.autodesk.com) Autodesk, Inc. is a design software and digital content company with two operating segments, Design Solutions and Discreet. The principal products sold by the Design Solutions segment include AutoCAD and AutoCAD LT products. In addition to software products, the segment offers a range of services, including consulting, support and training. The Discreet segment develops, integrates, markets, sells and supports film and television compositing systems, High-Definition and Standard-Definition broadcast editorial and finishing systems, Digital Cinema production systems for color grading and film finishing and animation, visualization and streaming media products. In addition to the customers served by the two operating segments, the Company's Location Services division offers a technology platform designed to deliver location-based applications to wired, mobile and wireless users.
 

 

Chart of the Day for THURSDAY  08-19-04

HOTT: Wednesday the stock traded down for the day and closed at ($14.49) off (-.62c) . Last night, after the close the Co reported their Q2 (Jul) earnings of $0.10 per share, in line with the consensus of $0.10; revenues rose 17.8% year/year to $136.3 mln vs the $136.3 mln consensus. After-hours activity;  MOM research Admins took notice that some muscle players started slowly buying-up the stock right after the close on low volume.  The stock then popped forcing the stock moved to the upside. MOM research Admins alerted our members of this move emphasized before the move up. The stock then exploded to the upside to hit $16.25 into and during the conference call.  The stock finished the post market session at $16.10. Let take a technical look at the numbers for today's trading.  Above $16.25 with conformation @ $16.31 the stock can make an upside move to $16.48, $16.69 then $16.90 providing the futures are moving to the upside from the pre-market open at 8:00 am ET into the 9:30 market open. If so other upside numbers are $17.09, $17.37 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $16.00 with conformation at $15.92 the stock can slide to see $15.82, $15.49, then $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}. Also as previously reported, Hot Topic same-store sales dropped 2.1 percent for the quarter over last year.At the end of the quarter, the company operated 613 stores compared to 497 stores at the end of the 2003 quarter. The company said it expects to open 90 new Hot Topic stores in 2004, 10 more than previously announced. Separately, Hot Topic said its board approved the buyback of an additional 2 million shares of its common stock through Jan. 28. The repurchase, which is expected to continue through Jan. 28, will be funded from existing cash. The company completed a previously announced 2 million share buyback program in May. NEWS ALERT. This morning Bear Stearns raised estimates on the Co, citing its repurchase program, raises Q3 EPS to $0.29 from $0.27 vs. First Call $0.30. and adds a peer perform rating on the Co.

Keep in mind today, Thursday the 19th –  At 8:30 ET Jobless Claims, Consensus 335K, New jobless claims fell 4,000 in the week ended August 7 to 333,000; as a result, the 4-week moving average dropped to 339,2500. A variety of special factors have caused more weekly volatility than normal around this time of year. Perhaps claims are now back on track and once again reflect current conditions. At 10:00 ET the Leading Indicators numbers will be posted, consensus are –0.2%.   The Conference Board's index of leading indicators fell 0.2 percent in June. Some economists are looking for another drop in July. Among components already available, the average workweek and consumer expectations rose in July. However, new jobless claims will be a drag on the index as will vendor performance, stock prices and the spread between the 10-year note and the fed funds rate. At 12:00 ET Philadelphia Fed Survey numbers will be posted, consensus are 32.0.  The Philadelphia Fed's business outlook survey improved in July. The general conditions index rose to 36.1 from a level of 28.9, pointing to greater manufacturing activity in this region. This manufacturing survey often correlates to the index of industrial production and is widely followed by market players.

Globex futures have been trending mixed across the board from 1:00 am ET.

HOTT: (www.hottopic.com) Hot Topic, Inc. is a mall-based retailer operating the Hot Topic (Hot Topic stores and www.hottopic.com) and Torrid (Torrid stores and www.torrid.com) concepts. The Hot Topic concept offers a selection of music/pop culture-licensed and music/pop culture-influenced apparel, accessories and gift items for young men and women principally between the ages of 12 and 22. The Torrid concept offers a selection of apparel, lingerie, shoes and accessories centered around various lifestyles for plus-size young women between the ages of 15 and 29. As of January 31, 2004 (fiscal 2003), the Company operated 502 Hot Topic stores and 52 Torrid stores in 49 states throughout the United States and Puerto Rico, along with its complementary Websites, www.hottopic.com and www.torrid.com

 

 

Chart of the Day for WEDNESDAY  08-18-04

NTAP: Tuesday, the stock traded up to closed at ($17.75) plus (+.36c). Last night after the close the Co reported their Q1 (Jul) earnings of $0.13 per share, excluding items, $0.01 better than the consensus of $0.12; revenues rose 37.6% year/year to $358.4 mln vs the $354.5 mln consensus.  After-hours activity;  MOM research Admins took notice that some muscle players started slowly buying-up the stock right after the close on low volume. The stock then started to slowly trended up where first call players got the news before it hit the DJ news wire forcing the stock moved to the upside. The stock then dipped to 17 just before the earnings post then launched to the upside where MOM research Admins alerted our members of a trend forming to the upside. The stock then exploded to the upside into the conference call to hit $18.50s before pulling back to the 17.80s area. The stock then retraced back up to tap on a high of $18.90 to finished the post market session at $18.88.
Let take a technical look at the numbers for today's trading.  Above $19.05 with conformation @ $19.10 the stock can make an upside move to $19.44, $19.58, then $19.69 providing the futures are moving to the upside from the pre-market open at 8:00 am ET into the 9:30 market open. If so other upside numbers are $19.93 then $20.09 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $18.75 with conformation at $18.67 the stock can slide to see $18.49, $18.24, $18.17 then $$$$ and $$$$
(For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}.  Also the company posted a quarterly profit that rose 73 percent on strong sales in Asia and higher demand from larger customers.

Keep in mind today, Wednesday the 18th-- no major eco news will be posted.

Globex futures have been trending to the upside across the board from 1:00 am ET.

NTAP (www.netapp.com) Network Appliance, Inc. provides enterprise network storage and data management solutions. Its system products consist of fabric-attached storage appliances, also known as filers, NearStore systems, NetCache content delivery appliances, the Data ONTAP operating system, Write Anywhere File Layout (WAFL) file management system, data management and content delivery software and NetApp Global Services. The Company also sells appliance- and server-based software and develops software support for a number of industry-standard protocols. The NetCache product line includes support for proxy and caching of standard Web protocols, including domain name service, file transfer protocol and hypertext transfer protocol. Under Netapp Global Services, options include Global Advisor and Global Advisor Plus, and System Availability Management and System Availability Management Plus.

 

 

Chart of the Day for TUESDAY  08-17-04

MANT: Monday, the stock traded down to closed at ($12.17) off (-.16c). the Co, reported their Q2 (Jun) loss of $0.16 per share, $0.12 worse than the consensus of ($0.04); revenues rose 12.2% year/year to $198.6 mln vs the $192.5 mln consensus. Co states that the decrease in earnings and revenue is due to a loss incurred in the MSM business unit. For Q3 co sees EPS of $0.24-0.29 and revs between $208-218 mln, consensus is $0.25 and $203 mln, respectively. For Y04 co sees EPS of $0.75-0.81 and revs between $835-850 mln, consensus is $0.86 and $813 mln. After-hours activity; MOM research Admins took notice that some muscle players started slowly buy-up the stock right after the close on low volume. The stock then popped to the upside where first call players got the news before it hit the DJ news wire, forcing the stock to moved to the upside to hit right above the MOM research Admins alerted members of the news befor the move and the stock hit a high of $14.01. The stock then pulled back to close the post market session at $14.00. Let take a technical look at the numbers for today's trading.  Above $14.06 with conformation @ $14.20 the stock can make an upside move to $14.30, $14.52, then $14.67 providing the futures are moving to the upside from the pre-market open at 8:00 am ET into the 9:30 market open. If so other upside numbers are $14.82 then $15.01 with conformation at $$$$  the stock can run to $$$$ then $$$$. Look for a short trigger at $13.89 with conformation at $13.78 the stock can slide to see $13.62, $13.50, $13.30 then $$$$ and $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}.  Also the Co's chairman and chief executive George J. Pedersen in a statement said, "While this has clearly been a difficult quarter for the company and our shareholders because of the problems with our MSM business unit, our other national security related business units are healthy, growing and operating effectively." THIS MORNING PRE-MARKET. Wachovia mentioned MANT negatively. reiterate market perform rating, with a Valuation in range of $11 to $13. A worse-than-expected Q2 Cited.

Keep in mind today, Tuesday the 17th – At 8:30 ET, The Consumer Price Index (CPI) numbers will be posted, consensus are 0.1%, less food and energy 0.2%.  The consumer price index increased 0.3 percent in June after rising by a more rapid 0.6 percent in May. Energy prices rose sharply in both months but less so in June. Energy prices might be less of a problem in July since the June PPI actually saw a drop in energy prices (though the June CPI did not). Moreover, gasoline prices declined in July from the previous month. Excluding food and energy prices, the CPI rose 0.1 percent in June after a 0.2 percent hike in May. At 8:30 ET, Housing Starts numbers will be posted, consensus are1.89M.  Housing starts fell 8.5 percent in June to a 1.80 million-unit rate, the largest drop this year. The drop was concentrated in single-family units; multi-family housing starts fell less rapidly in June although the latter declined sharply in both April and May. While interest rates have risen from their lows, they are still low by historical standards.

This morning, Globex futures have been trending to the upside across the board from 1:00 am ET.

MANT: (www.mantech.com) ManTech International Corporation is a provider of technologies and solutions for mission-critical national security programs for the intelligence community, the Department of Defense and other United States federal government customers. The Company provides software development, enterprise security architecture, information assurance, intelligence operations support, network and critical infrastructure protection, information technology, communications integration and engineering support. It delivers these through three principal areas of service solutions, Secure Systems and Infrastructure Solutions, Information Technology Solutions and Systems Engineering Solutions, which are offered separately or in combination to the Company's customers.

 

 

Chart of the Day for MONDAY  08-16-04

NFLX: Friday the stock traded up for the day in a choppy modestly upside market to closed at ($14.98) off (-.40c).
Over the weekend an article was written in Barron's and it stated that it continues its cautious on NFLX on new competition from BBI. Barron's said if BBI is successful with slowing NFLX's growth, the stock could fall further in price. Barron's says its still positive on HDI after a blow away quarter for earnings and my this may weigh in on NFLX's market share. Also Barron's stated the street bulls see a 10pt upside move for HDI because of the stock being off 50% of its premium to the market. After-hours activity;  Friday the stock lifted 2c after the close. MOM research Admins took notice of this news being a negative on the stock for Mondays trading. Let take a technical look at the numbers for today's trading.  Look for a short trigger at $14.90 with conformation at $14.86 the stock can slide to see $14.66 then $14.50 providing the futures are moving to the downside from the pre-market open at 8:00 am ET into the 9:30 market open. If so other downside numbers are $14.40, $14.27 then $$$$ with conformation at $$$$ the stock can tank to see $$$$ then $$$$. the stock in a major breakdown. Long for a long trigger Above $15.11 with conformation @ $15.16 the stock can make an upside move to $15.26, $15.48, $14.74, $$$$, $$$$ then $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}.

Keep in mind today, Monday the 16th –  At 8:30 ET NY Empire State Index numbers will be posted, consensus are 32.0.  The empire state manufacturing survey's diffusion index jumped more than six points in July to 36.5, the highest level since February. This index is usually released before the Philadelphia Fed's business outlook survey and sometimes signals its direction of change. In both cases, these manufacturing surveys cover local regions, not the nation as a whole. 

Globex futures have been trending to the upside across the board from 1:00 am ET.

NFLX: (www.netflix.com) Netflix, Inc. is an online movie rental subscription service in the United States, providing more than 1,487,000 subscribers access to a library of more than 18,000 movies, television and other filmed entertainment titles. For the standard subscription plan, subscribers can rent as many DVDs as they want, with three movies out at a time, and keep them for as long as they like. There are no due dates and no late fees. Subscribers select titles at Netflix's Website, www.netflix.com, aided by the Company's recommendation service, receive them on DVD by first-class mail and return them to Netflix at their convenience using the Company's prepaid mailers. Once a title has been returned, the Company mails the next available title in a subscriber's queue. Netflix also provides information on DVD movies, including critic reviews, member reviews, online trailers, ratings and personalized movie recommendations.

 

 

Chart of the Day for FRIDAY  08-13-04

DELL: Thursday the stock traded off for the day in a choppy negative slamed market to closed at ($33.12) off (-.45c). Last night after the close the Co, said they sees Q3 EPS of $0.33 Vs $0.32 consensus; sees revs of $12.5 bln Vs $12.47 bln consensus, prelim $0.31 in-line; revs $11.7 bln Vs $11.716 bln consensus, Reported Q2 (Jul) earnings of $0.31 per share, in line with the consensus of $0.31; revenues rose 19.7% year/year to $11.71 bln Vs the $11.72 bln consensus. Co also guided, sees Q3 EPS of $0.33 Vs $0.32 consensus; sees revs of $12.5 bln Vs $12.47 bln consensus. Co reports gross margins of 20.0%; consensus is 18.04%. Lastly DELL received credit rating raised to 'A' from 'A-' by Fitch. After-hours activity; MOM research Admins took notice that some muscle players started slowly buying-up the stock right after the close on big volume. The stock then started to soar up where first call players got the news before it hit the DJ news wire forcing the stock moved to the upside. MOM research Admins alerted our members of a trend forming to the upside. The stock then exploded to the upside into the conference call to hit $33.85 before pulling back to the 33.50s area. The stock then ran back up to tap on a high of $34.10 to finished the post market session at $34.00. Let take a technical look at the numbers for today's trading.  Above $34.07 with conformation @ $34.07 the stock can make an upside move to $34.38, $34.48 then $34.62 providing the futures are moving to the upside from the pre-market open at 8:00 am ET into the 9:30 market open. If so other upside numbers are $34.86 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $33.88 with conformation at $33.76 the stock can slide to see $33.57, $33.36, $$$$ then $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}. Kevin Rollins, Dell's chief executive officer said " We start with the marketplace advantage of a more efficient, more customer-focused way of doing business." "And our global team is consistently disciplined in applying that business model. "Like our shareholders, our expectation is for volume and share growth along with solid profitability. Those objectives aren't mutually exclusive." Also on conference call, ths Co, says it believes Q3 will follow normal seasonal pattern and that it will outperform the industry. Adds that it expects units to be up 9.0% sequentially and 21.0% yr/yr. anticipates improving cost component environment and improved operating margins. Sees strengthening corporate buying cycle as it enters Q3 and expects that to continue and finished Q2 relatively strong and "is not seeing the same thing that others are." THIS MORNING PRE-MARKET, 
  Positive comments came out of UBS this morning on the Co; reiterate buy rating.

BRCD guides Q3 EPS above consensus, revs in-line, the Co, takes a jab at its peers and issues upside guidance for their Q3 (Jul), sees EPS of $0.05-0.06, ex items vs. consensus of $0.04; co sees revenues of $149.5-150.5 mln, consensus are $150 mln. LOOK FOR MORE UPSIDE ON THIS STOCK AS WELL.

BEAS prelim $0.08 vs $0.07 consensus; revs $262.3 mln vs $263.56 mln consensus, and Reported Q2 (Jul) earnings of $0.08 per share, $0.01 better than the consensus of $0.07; revenues rose 7.1% year/year to $262.3 mln vs the $263.6 mln consensus. Lic revs down 8.7% to $116.3 mln from $127.4 mln a year earlier; co added 448 new customers, the most in two years. LOOK FOR MORE UPSIDE ON THIS STOCK AS WELL. THIS MORNING PRE-MARKET, Merrill Lynch upgrades BEAS to Buy from Neutral. Wachovia downgrades BEAS to Mkt Perform from Outperform.

Friday the 13th– At 8:30 ET, International Trade numbers will be posted,  consensus are–47.5B, The international trade balance on goods and services recorded a $46 billion shortfall in May, reflecting a narrower trade deficit than in the two previous months. Although both exports and imports posted increases in May, the rise in exports was significantly larger than the rise in imports.  At  9:45 ET Consumer Sentiment, consensus 97.5% numbers will be posted, The University of Michigan's consumer sentiment index edged up to 96.7 at the mid-month reading from a level of 96 in June. Consumer sentiment has shown modest improvement in the past few months but has not increased significantly.

Globex futures have been trending to the upside across the board from 1:00 am ET.

DELL: (
www.dell.com) Dell Inc. designs, develops, manufactures, markets, sells and supports a range of computer systems and services that are customized to customer requirements. These include enterprise systems (servers, storage and networking products, and workstations), client systems (notebooks and desktops), software and peripherals, and service and support programs. Dell also offers a portfolio of services that help maximize information technology (IT), rapidly deploy systems and educate IT professionals and consumers. In addition, the Company provides financial services to its business and consumer customers in the United States. Dell markets and sells its products and services directly to its customers, which include large corporate, government, healthcare and education accounts, as well as small to medium-sized businesses and individual consumers.
 

 

Chart of the Day for THURSDAY  08-12-04

WGII: Wednesday the stock traded down for the day and closed at ($32.21) off (-.48c) . Last night, after the close the Co reported their Q2 (Jun) earnings of $0.49, $0.09 better than consensus of $0.40; revenues rose 7.8% year/year to $684.5 mln vs the $612.5 mln consensus. For Y04 co raises its rev guidance to $2.8-3.0 bln (previously $2.4-2.7 bln), consensus came in at $2.83 bln and the Co raised their net income to $45-50 mln (previously it was $35-45 mln). After-hours activity;  MOM research Admins took notice that some muscle players started slowly buying-up the stock right after the close on low volume.  The stock then popped forcing the stock moved to the upside. MOM research Admins alerted our members of this move emphasized before the move up. The stock then exploded to the upside to hit $34.58 into and during the after hours.  The stock finished the post market session at $33.85. Let take a technical look at the numbers for today's trading.  Above $34.00 with conformation @ $34.16 the stock can make an upside move to $34.30, $34.50 then $34.65 providing the futures are moving to the upside from the pre-market open at 8:00 am ET into the 9:30 market open. If so other upside numbers are $34.80, $35.00 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $33.62 with conformation at $33.42 the stock can slide to see $33.21, $33.01, then $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}.  UPDATE, PRE-MARKET NEWS ALERT; First Albany upgraded the Co, to strong buy from buy with a target of $45, sees a solid 2nd quarter and a strong overall outlook. Mentions accumulating shares at current levels.


Keep in mind today, Thursday the 12th – At 8:30 ET, Jobless Claims numbers will be posted, Consensus are 340K, New jobless claims fell 11,000 in the week ended July 31 to 336,000; despite the drop, the 4-week moving average shot up to 343,500. A variety of special factors have caused more weekly volatility than normal around this time of year. Perhaps claims will soon be back on track and once again reflect current conditions. At 8:30 ET Retail Sales numbers will be posted, retail sales consensus are 1.2%, ex-autos 0.4% ; Retail sales fell 1.1 percent in June after posting healthier gains in previous months. Retail sales were hurt badly by weak motor vehicle sales. Excluding autos, retail sales edged down 0.2 percent in June, with declines in most major categories except furniture and electronics. Soggy chain-store sales in July point to another month of a less-than-stellar nonauto component, although a spurt in motor vehicle sales could help boost the total. At 10:00 ET Business Inventories numbers will be posted, consensus are 0.6%, Business inventories rose 0.4 percent in May, slower than April's 0.7 percent hike. It is good to see increases in business inventories when demand is high because it means producers want to keep up with demand. However, rising inventories with declining sales is not good because it eventually points to declining production. It still appears that rising inventories are good for our economy at this stage of the game.

Globex futures have been trending to the downside across the board from 1:00 am ET.

WGII: (
http://www.wgint.com) Washington Group International, Inc. is an international provider of design, engineering, construction, construction management, facilities and operations management, environmental remediation and mining services. The Company offers its various services separately or as part of an integrated package throughout the life cycle of a customer's project. In providing engineering and design services, Washington participates in the conceptualization and planning stages of projects that are part of its customers' overall capital programs. It also devises project configurations to maximize both construction and operating efficiency. As a contractor, Washington is responsible for the construction and completion of each contract in accordance with its specifications and contracting terms (primarily schedule and total cost). Washington operates its business through six business units: Power, Infrastructure, Mining, Industrial/Process, Defense and Energy and Environment.
 

 

Chart of the Day for WEDNESDAY  08-10-04

XLNX: Tuesday, the stock traded down to closed at ($55.79) off (-.39c). 
Last night after the close NSM falls after reducing guidance, lowered its revenue guidance for Q1 (Aug). new guidance is for revs to decline 4-5% from the $571.2 mln revs achieved in the recently completed Q4 (previously guided on 6/10, during its Q4 earnings conference call, for Q1 revs of flat to up 3% sequentially), consensus is $579.1 mln. During that 6/10 conference call, co indicated that turns orders were expected to decrease during Q1.  After-hours activity; MOM research Admins took notice that a few other stocks like ALTR and MXIM fell in reaction to NSM's news as well.  MOM research Admins also took notice that some Ax's started slowly selling XLNX before and right after the close on low volume. The stock then started to fall where first call players got the news before it hit the DJ news wire forcing the stock moved to the down-upside. MOM research Admins alerted our members of this reaction. XLNX then dumped to the down-upside to bottom out at $27.00 into and during the NSM's, earnings conference call.  The stock finished the the post mearket session at $27.18. Let take a technical look at the numbers for today's trading.  Look for a short trigger at $27.00 with conformation at $26.93 the stock can slide to see $26.70 then $26.52 providing the futures are moving to the downside from the pre-market open at 8:00 am ET into the 9:30 market open. If so other downside numbers are $26.30, $26.30 then $$$$ with conformation at $$$$  the stock can tank to see $$$$ then $$$$. the stock in a major breakdown. Long for a long trigger Above $27.30 with conformation @ $27.50 the stock can make an upside move to $27.65, $27.85, $27.96, $$$$, $$$$ then $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}.

Keep in mind today, Wednesday the 11th-- no major eco news will be posted.

Globex futures have been trending to the downside across the board from 1:00 am ET.

XLNX (
www.xilinx.com) Xilinx, Inc. designs, develops and markets complete programmable logic solutions, including advanced integrated circuits (ICs), software design tools, predefined system functions delivered as intellectual property (IP) cores, design services, customer training, field engineering and technical support. The programmable logic devices (PLDs) include field programmable gate arrays (FPGAs) and programmable logic devices (CPLDs). These devices are standard products that the Company's customers program to perform desired logic functions. The products are designed to provide integration and quick time-to-market for electronic equipment manufacturers in the communications, storage, server, consumer, industrial and other markets. The Company sells its products globally through independent domestic and foreign distributors, through direct sales to original equipment manufacturers (OEMs) by a network of independent sales representative firms and through a direct sales management organization.
 

 

Chart of the Day for TUESDAY  08-10-04

SNDA: Monday, the stock traded down to closed at ($18.72) plus (+.46c). The Co. reported their Q2 (Jun) earnings of $0.24 per share, $0.09 better than the consensus of $0.15. Revs grew 108.8% YoY and 25.8% QoQ to $36.5 mln, and net revs increased 109.3% YoY and 26.1% QoQ to $34.7 mln. After-hours activity; MOM research Admins took notice that some muscle players started slowly buy-up the stock right after the close on low volume. The stock then popped to the upside where first call players got the news before it hit the DJ news wire, forcing the stock to moved to the upside to hit right above the MOM research Admins alerted members of the news befor the move and the stock hit a high of $21.30. The stock then pulled back to close the post market session at $21.29. Let take a technical look at the numbers for today's trading.  Above $21.41 with conformation @ $21.50 the stock can make an upside move to $21.77, $21.98, then $22.26 providing the futures are moving to the upside from the pre-market open at 8:00 am ET into the 9:30 market open. If so other upside numbers are $22.47 then $$$$ with conformation at $$$$  the stock can run to $$$$ then $$$$. Look for a short trigger at $21.20 with conformation at $21.09 the stock can slide to see $20.74, $20.52, $20.18  then $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}.  Also the Co, had to scale back the number of shares in its IPO by 20 percent and sell them below an indicated range in May as market sentiment soured on Chinese offerings. Since then, Shanda has embarked on a flurry of deals, including two acquisitions announced since July 29. Lastly- Pre-Market, Piper Jaffray reiterated the Co, to a outperform. Raising estimates and target to $25 from $21. sees growth of flagship, games. newer additions are contributing to growth.

Keep in mind today, Tuesday the 10th – 8:30 ET Productivity and Costs numbers will be posted,, nonfarm productivity consensus 2.0%, unit labor costs 2.0%; Nonfarm productivity increased at a 3.8 percent rate in the first quarter, slightly faster than fourth quarter 2003 but not as strong as the middle quarters of 2003. A moderate pace of GDP growth coupled with moderate employment growth suggests that productivity slowed in the second quarter. Unit labor costs increased at a 0.8 percent rate in the first quarter, growing at a slower rate than in the previous quarter. Usually, slower productivity gains are accompanied by more rapid gains in unit labor costs. Also at 2:15 ET there will be a FOMC Meeting Announcement of the Fed Funds Rate, the consensus are 1.50%, The FOMC is meeting is today.  Market players are generally expecting a 25 basis point rate hike - which would bring the fed funds rate target to 1.50 percent. Don't forget that banks usually increase their prime rate soon after the Fed. This affects home equity loans and many credit card loans. 

This morning, Globex futures have been trending to the upside across the board from 1:00 am ET.

SNDA: (http://www.shanda.com.cn/english/homepage/index.php) Shanda Interactive Entertainment Limited (Shanda) is an operator of online games in China. It offers a portfolio of online games that users play over the Internet. The games, licensed from third parties, as well as developed in-house by the Company, include The Legend of Mir II and The World of Legend. Shanda's commercially launched games have approximately 1.4 million peak concurrent users and 931,570 average concurrent users. The Company operates massively multiplayer online games (MMOGs), including massively multiplayer online role-playing games (MMORPGs) and casual online games. MMORPGs allow thousands of users to interact in a virtual world by assuming ongoing roles or characters with different features. The games are continuous, and players accumulate features and communicate with one another through instant messaging. Casual games, which include BNB, are less complex and time consuming than MMORPGs, but attract a broader range of users, including more home users.

 

 

Chart of the Day for MONDAY  08-09-04

MXIM: Friday the stock traded off for the day in a choppy negative slamed market to closed at ($44.23) off (-$2.35). reported Q4 (Jun) earnings of $0.36 per share, in line with the consensus of $0.36; revenues rose 42.7% year/year to $421 mln vs the $420.6 mln consensus. Gross margin for Q4 increased to 70.2% from the prior quarter's level of 69.8%, after inventory reserves were increased by $2.8 million. Guided their Q1 EPS to $0.42 vs. First Call was $0.41. Co also declares a quarterly dividend for $0.08.
After-hours activity;  MOM research Admins took notice that some muscle players started slowly buying-up the stock right after the close on decent volume. The stock then started to trended up where first call players got the news before it hit the DJ news wire forcing the stock moved to the upside. MOM research Admins alerted our members of a trend forming to tthe upside. The stock then exploded to the upside into the conference call to hit $45.04 before pulling back finished the post market session at $44.85. Let take a technical look at the numbers for today's trading.  Above $45.01 with conformation @ $45.24 the stock can make an upside move to $45.85, $46.04 then $46.04 providing the futures are moving to the upside from the pre-market open at 8:00 am ET into the 9:30 market open. If so other upside numbers are $46.23 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $44.61 with conformation at $44.48 the stock can slide to see $44.25, $44.03, $$$$ then $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}. Also On conference call, the co guided the September Q above consensus to $0.42/$455 mln vs consensus of $0.41/$451 mln. says FY04 growth reflected growth in market share, orders improved from all geographies; net Booking of $535 were well ahead of the consumption levels; past several quarters consumption has increased from 6 to 12% sequentially. customers are booking above consumption levels in order to ease supply constraints. this is something that hasn't been seen in the last few years. as backlog moves to a more normal level, mgmt expects bookings to move more in line with consumption. decrease in turns was expected. first time in many quarters, company was able to build inventory, of which $5M came from a new fab. co believes that there is very little inventory at their distributors. 41% of net sales were in Pac Rim ex-Japan. bookings from Europe were down; gross margins were 70.2% up as a result of product mix and operational efficiencies. operating margin improved to 46% and co expects that number to increase. co does not see any changes to FY05 Guidance.. During Q&A, says sees stock market completely disconnected with the industry; sees economy as strong. Asked why the conference call on a Friday night, co explains that the CEO had to fly to a tournament Saturday. NEWS ALERT: This morning positive comments came out at JP Morgan on Q4 results on MXIM. The Co, said several business areas jumped 25% over the last quarter. strength remains in the industrial area of the Co. Also outperformance is noted.

No major ECO news is to be posted today.

Globex futures have been trending to the upside across the board from 1:00 am ET.

MXIM: (www.maxim-ic.com) Maxim Integrated Products, Inc. designs, develops, manufactures and markets linear and mixed-signal integrated circuits, commonly referred to as analog circuits. Its products include data converters, interface circuits (ICs), microprocessor supervisors, operational amplifiers, power supplies, multiplexers, delay lines, real-time clocks, microcontrollers, switches, battery chargers, battery management circuits, radio frequency (RF) circuits, fiber-optic transceivers, sensors and voltage references. The Company also provides a range of high-frequency design processes and capabilities that can be used in custom designs. Maxim is a global company with manufacturing facilities in the United States, testing facilities in the Philippines and Thailand and sales offices worldwide. Its products are sold to customers in numerous markets, including automotive, communications, consumer, data processing, industrial control and instrumentation.

 

 

Chart of the Day for FRIDAY  08-06-04

MCIP: Thursday the stock traded off modestly for the day in a choppy negative slamed market to closed at ($13.84) off (-.08c). Last night after the close the Co, reported Q2 (Jun) loss of $0.22 per share, $0.45 better than the consensus of ($0.67); revenues fell 15.2% year/year to $5.24 bln vs the $5.21 bln consensus. Co declares quarterly dividend of $0.40.
After-hours activity;  MOM research Admins took notice that some muscle players started slowly buying-up the stock right after the close on decent volume. The stock then started to soar up where first call players got the news before it hit the DJ news wire forcing the stock moved to the upside. MOM research Admins alerted our members of a trend forming to tthe upside. The stock then exploded to the upside into the conference call to hit $16.65 before pulling back finished the post market session at $16.23. Let take a technical look at the numbers for today's trading.  Above $16.30 with conformation @ $16.39 the stock can make an upside move to $16.60, $16.80 then $16.94 providing the futures are moving to the upside from the pre-market open at 8:00 am ET into the 9:30 market open. If so other upside numbers are $17.05 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $16.10 with conformation at $16.01 the stock can slide to see $15.82, $15.47, $$$$ then $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}. Also yesterday the Co, Board declared excess cash of $2.2 bln and initiated a return of capital in the form of a quarterly cash dividend of $0.40 per share. The first dividend will be paid Sept 15. On June 30, 2004, cash and cash equivalents totaled $5.4 bln excluding Embratel, which has been classified as an asset held for sale. "NEWS FLASH"  This morning, Lehman upgraded the Co, to equal weight from underweight and CSFB upgraded the Co, to neutral from undeperform.

Friday the 6th– At 8:30 ET, Employment Situation Report numbers will be posted,  nonfarm payrolls consensus are 233K, unemployment rate consensus are 5.6%.  Nonfarm payroll employment rose 112,000 in June, about half the pace recorded in May. After growing for four straight months, factory payrolls decreased 11,000 in June. The civilian unemployment rate remained unchanged at 5.6 percent for a third straight month in June. Average hourly earnings rose 0.1 percent after rising 0.3 percent in May. The average private workweek decreased 12 minutes to 33.6 hours. At 3:00 ET, Consumer Credit numbers will be posted, consensus are $4.0B.  Consumer installment credit expanded by $8.2 billion in May after increasing a more moderate $5.3 billion in April. While retail sales play a role in consumer credit usage, so do auto sales and mobile home shipments.

Globex futures have been trending to the upside across the board from 1:00 am ET.

MCIP: (www.mci.com) MCI, Inc., whose predecessor was WorldCom, Inc., is a global communication company, providing a range of communication services in over 200 countries on six continents. It operates a communications network that is composed of approximately 100,000 route miles of network connections linking metropolitan centers and various regions across North America, Europe, Asia, Latin America, the Middle East, Africa and Australia. It owns an Internet protocol backbone and is a carrier of international voice traffic. Since April 2003, its business has been conducted using the brand name MCI. The Company operates primarily through three business units: Business Markets, Mass Markets and International. On April 20, 2004, WorldCom merged with and into MCI, as a part of transactions contemplated by a Plan of Reorganization of WorldCom and certain of its subsidiaries under chapter 11 of the United States Bankruptcy Code.

 

 

Chart of the Day for THURSDAY  08-05-04

KYPH: Wednesday the stock traded down for the day and closed at ($24.99) off (-$2.31) . Last night, after the close  The Co, Reported their Q2 (Jun) earnings of $0.11 per share, $0.03 better than the consensus of $0.08; revenues rose 63.0% year/year to $50.7 mln vs the $48.6 mln consensus. Company issues guidance for Y04 (Dec), sees EPS of $0.44-0.46 vs. consensus of $0.41; sees revs of $210-212 mln, est $200 mln. After-hours activity;  MOM research Admins took notice that some muscle players started slowly buying-up the stock right after the close on low volume. The stock then started to run muscle players came in forceing the stock moved to the upside. MOM research Admins alerted our members of this move emphasized before the move up. The stock then exploded to the upside to hit $27.68 into and during the after hours.  The stock finished the post market session at $27.00. Let take a technical look at the numbers for today's trading.  Above $27.30 with conformation @ $27.40 the stock can make an upside move to $27.63, $27.98 then $28.18 providing the futures are moving to the upside from the pre-market open at 8:00 am ET into the 9:30 market open. If so other upside numbers are $28.64, $27.81 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $26.83with conformation at $26.75 the stock can slide to see $26.45, $26.23, then $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}. The Co, also stated "The second quarter was another strong period of financial performance for Kyphon," commented Richard Mott, President and Chief Executive Officer of Kyphon. "Also, we achieved a number of operational milestones that we believe represent fundamental building blocks for future growth in our business. These included launching our KyphXฎ HV-R(TM) Bone Cement, initiating promotional campaigns for kyphoplasty in the primary care physician community and to patients, and continuing our sales force expansion."


ECO news for Thursday
the 5th–  At 8:30 ET Jobless Claims numbers will be posted, Consensus are 340K, New jobless claims edged up 4,000 in the week ended July 24 to 345,000, bringing the 4-week moving average down to 336,250. A variety of special factors have caused more weekly volatility than normal around this time of year. Perhaps claims will soon be back on track and once again reflect current conditions.

Globex futures have been trending to the upside across the board from 1:00 am ET.

KYPH: (www.kyphon.com) Kyphon Inc. is a medical device company focused on the design, manufacture and marketing of instruments used in minimally invasive therapies for surgeons and their patients for the restoration of spinal anatomy. The Company is commercializing surgical tools that use its balloon technologies for the repair of spine fractures. Kyphon sells the instruments for use in spine fracture procedures such as bone access systems, inflatable bone tamp, inflation syringe, bone filler device, bone biopsy device, curette and bone fillers. In February 2003, Kyphon acquired Sanatis GmbH, a privately held developer and manufacturer of orthopedic biomaterials

 

 

Chart of the Day for WEDNESDAY  08-04-04

IMDC: Tuesday, the stock traded down to closed at ($55.79) off (-.39c). Last night the Co, the Co, reported their Q2 (Jun) non-GAAP earnings of $0.56 per share, excluding charge, $0.05 better than the consensus of $0.51; revenues rose 16.2% year/year to $99.7 mln vs the $97.2 mln consensus. Company issues in-line guidance for Y04 (Dec), sees non-GAAP EPS of $1.96-2.01, ex items, vs. Reuters Estimates consensus of $1.99. After-hours activity; MOM research Admins took notice that some muscle players started slowly buy-up the stock before and right after the close on low volume. The stock then started to run up were first call players got the news before it hit the DJ news wire forcing the stock moved to the upside. MOM research Admins alerted our members of a mover to the upside. The stock then exploded to the upside to top out at $58.64 into and during the Co's, earnings conference call.  The stock finished the the post mearket session at $57.20. Let take a technical look at the numbers for today's trading.  Above $57.56 with conformation @ $57.78 the stock can make an upside move to $57.96, $58.38 then $58.63 providing the futures are moving to the upside from the pre-market open at 8:00 am ET into the 9:30 market open. If so other upside numbers are $58.92, $59.13 then $$$$ with conformation at $$$$  the stock can run to $$$$ then $$$$. Look for a short trigger at $56.91 with conformation at $56.79 the stock can slide to see $56.29, $55.79 then $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}.

Keep in mind today, Wednesday the 4th-- At 10:00 ET  Factory Orders numbers will be posted; Consensus are 0.6%.   Factory orders edged down 0.3 percent in May after decreasing 1.1 percent in April. Durable goods orders had decreased in both months; nondurable goods had posted gains but these were not large enough to offset the declines in durables. In June, durable goods orders rose 0.7 percent, less than expected. The rise could help boost total factory orders for the month. Also at 10:00 ET  ISM Non-Manufacturing Survey numbers will be posted; consensus are 61%.  The ISM non-manufacturing survey moderated in the past two months after the business activity index surged to 68.4 in April. While this headline number fell back to 59.9 in June, other components of the ISM survey remained healthy during the month.

Globex futures have been trending to the downside across the board from 1:00 am ET.

IMDC: (
www.inamed.com) Inamed Corporation is a global healthcare company, which develops, manufactures and markets a diverse line of products that enhance the quality of people's lives. These products include breast implants for aesthetic augmentation and reconstructive surgery following a mastectomy, a range of dermal products to correct facial wrinkles, and the BioEnterics LAP-BAND System and BioEnterics Intragastric Balloon (BIB) systems used to treat severe and morbid obesity. The Company has three main product lines: breast aesthetics products and facial aesthetics products marketed under Inamed Aesthetics, and obesity intervention products marketed under Inamed Health. These three lines are considered one segment.
 

 

Chart of the Day for TUESDAY  08-03-04

ADBE: Monday, the stock traded down to closed at ($41.97) off (-.21c). The Co. then reported and provided its regular intra-quarter business update for its third quarter of fiscal 2004, which ends September 3, 2004. In its business update, Adobe stated it expects to exceed the financial targets it provided on June 17, 2004. The Company increased its Q3 FY2004 target ranges to the following: revenue of $380 to $400 million, and earnings per share of $0.36 to $0.41. Adobe's prior targets were revenue of $360 to $380 million, and earnings per share of $0.31 to $0.36. After-hours activity; MOM research Admins took notice that some muscle players started slowly buy-up the stock right after the close on low volume. The stock then popped to the upside where first call players got the news before it hit the DJ news wire, forcing the stock to moved to the upside to hit right above the MOM research Admins target of $44.56 right below the post market high of $44.50. the stock then pulled back to close the post market session at $44.38. Let take a technical look at the numbers for today's trading.  Above $44.59 with conformation @ $44.84 the stock can make an upside move to $45.00, $45.15, $45.37 then $45.50 providing the futures are moving to the upside from the pre-market open at 8:00 am ET into the 9:30 market open. If so other upside numbers are $45.69 then $45.92 with conformation at $$$$  the stock can run to $$$$ then $$$$. Look for a short trigger at $44.00 with conformation at $43.94 the stock can slide to see $43.67, $43.51, $43.33 then $$$$ and $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}. Also the Co, indicated that the increase in targets was due to the greater than expected revenue thus far in the quarter for its Adobe Photoshop and Creative Suite products, and for its Acrobat product family. The Company also indicated it is experiencing solid demand in all of its major geographic markets. The Company plans to report its third quarter fiscal 2004 results on September 20, 2004 after the market closes. (Let also keep an eye on BEAS for up side above 7.10 with news posted last night in the post market, the stock is well to do for a bounce and short squeeze. The Company guided their Q2, sees pro forma EPS of $0.07-$0.08 (GAAP EPS of $0.06-$0.07), Vs the consensus of $0.08, and total revenues of $260-263 mln, Vs consensus of $267.1 mln. Co also sees Q2 license revenues of $115-117 mln. Co cites continued strength in its services revenue, driven by ongoing strength in co's maintenance business and growth in its consulting business).

Keep in mind today, – Tuesday the 3rd –  At 8:30 ET Personal Income and Outlays numbers will be posted, income consensus are 0.3%; Personal income increased 0.6 percent in May for the second straight month after posting 0.5 percent hikes in the two previous months; income growth has accelerated in the first half of 2004 relative to the second half of 2003. Personal consumption expenditures jumped 1 percent in May, boosted by gains in durable and nondurable goods. Retail sales weakened in June, however, and this will put a damper on total consumer spending for the month.

This morning, Globex futures have been trending to the downside across the board from 1:00 am ET.

ADBE: (www.adobe.com) Adobe Systems Incorporated offers a line of software and services for consumers, creative professionals and enterprises. Its products are digital imaging, design and document technology platforms, which aim to enable customers to create, manage and deliver visually rich, compelling and reliable content. The Company categorizes its products into four principal business segments: Creative Professional, Digital Imaging and Video, ePaper and OEM Postscript and Other. Its software runs on Microsoft Windows, Apple Macintosh, Linux, UNIX and various non-personal computer (PC) platforms, depending on the product. Adobe distributes its products through a network of distributors and dealers, value-added resellers, systems integrators, independent software vendors and original equipment manufacturers (OEMs); direct to end users, and through the Company's Website at www.adobe.com. It also licenses its technology to hardware manufacturers, software developers and service providers.

 

 

Chart of the Day for MONDAY 08-02-04 

QCOM: Friday the stock trended down to close at ($69.21) off (-0.79c). After the close Friday the stock fell a bit to $69.15. Over the weekend Bank of America upgraded the Co, to a buy from neutral with a $90 target, B of A said, 3G unit strength will gain momentum through the end of the year. The Co, may see at least a nickel above consensus in Q3 and Q4. MOM research Admins see the stock to move to the upside on this news. On the other hand if the market gets a pull back on the announcement that the Homeland Security will put Washington D.C. NY and NJ on orange alert, this will put a damper on this news.  Lets take a look at the numbers for this morning. Above $69.70 with conformation @ $70.06 the stock can make an upside move to $70.46, $70.90 then $71.51 providing the futures are moving to the upside from the pre-market open at 8:00 am ET into the 9:30 market open. If so other upside numbers are $$$$ with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $68.88 with conformation at $68.63 the stock can slide to see $68.17, $67.95, $67.68 $$$$ then $$$$ (For more LIVE blow by blow commentary and more numbers on this stock and others, with Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}.

Just a note: Keep focused on market trend from this point to get clear direction. Remember, before you make any trades, you should check for news on other stocks in the same sector as that the stock you are trading. This news may affect the stock you are trading. Also, stocks tend to resist or support on the round number. Stocks without news need futures direction with trend. Stocks will follow the natural algorithm of the markets movement and usually move to the above numbers, hitting triggers and targets.

Keep in mind today, for Monday the 2nd – At 10:00 ET Construction Spending numbers will be posted, consensus are 0.1%; Construction expenditures edged up 0.3 percent in May after posting stronger gains in March and April. Residential construction spending moderated in May but remained relatively healthy. Declines in housing starts in recent months point to slower construction spending gains in months ahead. At 10:00 ET  the ISM Manufacturing Index numbers will be posted,  consensus are 62%.  The ISM manufacturing survey moderated slightly in June as the diffusion index fell back to 61.1 percent from a level of 62.8 in May. New orders, production and supplier deliveries all decreased from May but remained at high levels.


Futures have been downside this morning from 1 am ET.


QCOM: (
www.qualcomm.com) QUALCOMM, Inc. develops, designs, manufactures and markets digital wireless telecommunications products and services based on its code division multiple access (CDMA) technology. The Company develops and supplies CDMA-based integrated circuits (ICs) and system software for wireless voice and data communications and global positioning system (GPS) products to wireless device and infrastructure manufacturers. It grants licenses to use its intellectual property portfolio, which includes certain rights essential to and/or useful in the manufacture and sale of CDMA products, and receives license fees, as well as ongoing royalties based on sales by licensees of wireless telecommunications equipment products incorporating its CDMA technologies. The Company busines is organized into four operating segments: QUALCOMM CDMA Technologies, QUALCOMM Technology Licensing, QUALCOMM Wireless & Internet and QUALCOMM Strategic Initiatives.