COD Archive:

 

Chart of the Day for WEDNESDAY  06-30-04
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RIMM: Tuesday, the stock traded off bucking the upside trending market  to closed at ($59.38) off (-$1.61). Last night after the close the CO, reported their Q1 (May) earnings of $0.36 per share, $0.04 better than consensus of $0.32; revenues rose 28.0% year/year to $269.6 mln vs the $263.2 mln consensus.  So all and all they beat by $0.04 and guided above Q2 and Q3 consensus. 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 droped to hit the$56.06 on the first pullback were first call players got the news before it hit the DJ news wire forcing the stock moved to the downside then the bounce came into play. MOM research Admins alerted our members of a long tirgger at $56.40-50 area. The stock then exploded to the upsode to top out at $65.80 into and during the Co's, earnings conference call.  MOM research Admins alerted our members that the stock would run into the conference call and get above the $64 area on the Q& A. The stock finished the the post mearket session at $65.70. Let take a technical look at the numbers for today's trading.  Above $65.75 with conformation @ $66.00 the stock can make an upside move to $66.35, $66.50 then $66.76 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 $66.98 then $$$$ with conformation at $$$$  the stock can run to $$$$ then $$$$. Look for a short trigger at $65.25 with conformation at $65.00 the stock can slide to see $64.53 then $$$$ (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 Company (RIMM) also stated, Higher revenues, better than expected gross margins and operating efficiencies contributed to the net income growth during the quarter. Co sees Q2 (Aug) EPS of $0.40-0.45, ex items, and revs in the range of $290-310 mln, consensus is $0.36 and $287 mln, respectively; co sees Q3 (Nov) EPS of $0.45-0.50, ex items, and revs in the range of $340-360 mln, Reuters consensus is $0.39 and $311 mln.

Keep in mind today  At 10:00 ET NAPM Chicago, consensus 64.0; The NAPM-Chicago jumped several points in May to reach 68, a level not seen since 1988. At 2:15 The FOMC will Announce the numbers, consensus for Fed funds rate 1.25% (+0.25%); After its semi-annual two-day meeting, the FOMC is expected to announce its first rate hike since May 16, 2000. The market consensus is looking for a "measured" 25 basis point hike that would bring the fed funds rate target to 1.25 percent. Market players will also be anxiously monitoring the post-meeting statement.  (See info above for more in-depth discussion of the importance of this event)

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

 RIMM: (www.rim.net) Research In Motion Limited (RIM) is a designer, manufacturer and marketer of wide area wireless solutions for the worldwide mobile communications market. Through the development of integrated hardware, software and services that support multiple wireless network standards, the Company provides platforms and solutions for seamless access to time-sensitive information including e-mail, phone, short message service (SMS) messaging, Internet and intranet-based corporate data applications. RIM also licenses its technology to handset and software vendors to enable these companies to offer wireless data services using the BlackBerry Enterprise Server. There are in excess of 10,000 companies worldwide with the BlackBerry Enterprise Server installed.

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 TUESDAY  06-29-04
RHAT: Monday, the stock traded up bucking the down trending EOD market, to closed at ($22.21) plus (+.49c) Linux software distributor Red Hat Inc. rose 65 cents to $22.88 after it said it would ship a free media player with its software package in cooperation with RealNetworks Inc. which gained 4 cents to $6.69.  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 hit  $22.88 were first call players got the news before it hit the DJ news wire forcing the stock moved to the upside to top out at $22.88.  The stock finished the the post mearket session at  the high.  Let take a technical look at the numbers for today's trading.  Above $23.01 with conformation @ $23.19 the stock can make an upside move to $23.49, $23.70 then $23.96 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 $24.07 then $$$$ with conformation at $$$$  the stock can run to $$$$ then $$$$. Look for a short trigger at $22.72 with conformation at $22.58 the stock can slide to see $22.38 then $$$$ and $$$$ (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}.

Keep in mind today, – At 9:00 FOMC meeting begins.  The Federal Open Market Committee consists of the seven Governors of the Federal Reserve Board and five Federal Reserve Bank presidents. - At 10:00 ET Consumer Confidence number will be posted, consensus 95.0;  The Conference Board's consumer confidence index edged up to 93.2 in May from a level of 93 in April.

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

 RHAT: (www.redhat.com) Red Hat, Inc. provides an enterprise operating system and related systems management services based on open source technology for the information technology infrastructure requirements of large enterprises. The Company developed an enterprise operating system, Red Hat Enterprise Linux AS, which it introduced in May 2002. In March 2003, the Company launched three additional technology solutions in the Red Hat Enterprise Linux line: Red Hat Enterprise Linux ES, Red Hat Enterprise Linux WS and Red Hat Network. Red Hat also offers a range of professional services relating to the development, deployment, and use of Red Hat Enterprise Linux and related technology-based systems management services. These professional services include information technology architecture consulting, Red Hat Enterprise technology deployment services, training and education and hardware certification.
 


 Chart of the Day for MONDAY 06-28-04 


BBBY: Friday the stock trended down to close at ($39.20) off (-.55c). Over the weekend the had some news in the paper. Barron's ~The Trader~column looks at BBBY and other retailers have seen positive sentiment and Barron's interviews Larry Haverty and he says government policy help out home prices go up. He likes BBBY and others as well with this news. MOM research Admins sees this as a plus in a uptrending market.  Lets take a look at the numbers for this morning. Above $40.00 with conformation @ $40.25 the stock can make an upside move to $40.56 then $40.90 providing the futures are moving to the upside from the premarket open at 8:00 am ET into the 9:30 market open. If so other upside numbers ar $41.01, $41.32 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $39.55 with conformation at $39.39 the stock can slide to see $39.13 then $$$$ (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 American Petroleum Institute Chief Economist John Felmy holds news conference on gas prices, in Washington.  ALSO -At 8:30 Personal Income and Outlays number will be posted, consensus 0.5% (income) and 0.8% (spending); personal income rose 0.6 percent in April after a 0.4 percent hike in March. IRAQ was also handed over to the new intern government this morning.

Futures have been pounding up this morning from 1 am ET.

 BBBY (www.bedbathandbeyond.com) Bed Bath & Beyond Inc. operates specialty retail stores in the United States, including Bed Bath & Beyond stores (BBB), Harmon stores and Christmas Tree Shops stores (CTS). BBB stores are almost exclusively of a big box format. BBB's domestics merchandise line includes items, such as bed linens, bath accessories and kitchen textiles and BBB's home furnishings line includes items, such as cookware, dinnerware, glassware and basic housewares. At February 28, 2004, BBB operated 575 stores in 44 states and one territory. CTS is a retailer of giftware and household items selling an assortment of domestics merchandise and home furnishings at low prices in many categories, including home décor, giftware, housewares, food, paper goods and seasonal products. At fiscal year end 2003, CTS operated 24 stores in six states. Harmon is a health and beauty care retailer, which operated 30 stores in three states at fiscal year end.
 


 Chart of the Day for FRIDAY  06-25-04

SIMG: Thursday the stock traded down for the day in a choppy off market to closed at ($10.24) off (-.07c) . Last night after the close he company reported they expect second quarter revenues to grow 16-20% sequentially, versus 8-13%, as stated in its prior guidance. 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.  first call players got the news before it hit the DJ news wire forcing the stock moved to the upside to top out at $11.77 and closed the post-market session at $11.71. Let take a technical look at the numbers for today's trading. Above $11.77 with conformation @ $11.84 the stock can make an upside move to $12.00, $12.14 then $12.25 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 $12.44 then $$$$ with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $11.65 with conformation at $11.60 the stock can slide to see $11.50 then $$$$ (For more LIVE blow by blow commentary and numbers on this stock and others, with MOM research Admins coaching you through trades click and join the -> ( platinum forum )~{support what you believe in at MOM}. Thursday the Co, said it expects sales to be 7 percent to 8 percent higher in the second quarter than previously predicted.Silicon said it now expects revenue for the quarter ending June 30 to grow 16 percent to 20 percent sequentially. The company previously had predicted sequential revenue growth of 8 percent to 13 percent. Silicon Image posted first-quarter revenues of $35.9 million."Our bookings remain strong and we expect third-quarter revenue to grow 5-10 percent sequentially over the raised second-quarter numbers. Lastly the Co, will separate CEO and Chairman role. ," chief executive David Lee said in a press release.

Keep in mind, today at–  8:30 ET Gross Domestic Product numbers will get posted, (GDP), Consensus 4.5%, GDP deflator 2.6% and Corporate Profits numbers will go off,  Corporate profits, as reported by the Bureau of Economic Analysis (BEA), are summarized briefly as the income of organizations treated as corporations in the national income and product accounts. At 9:45 ET Consumer Sentiment numbers will post, consensus 95.0, At 10:00 ET Existing Home Sales numbers will be posted, consensus 6.5M, existing home sales rose 2.5 percent in May to a 6.64 million-unit rate after increasing 5.7 percent in March.

 Friday morning, Globex futures have been trending to the up-side across the board from 1:00 am ET.

 SIMG: (www.siimage.com/) Silicon Image, Inc. designs, develops and markets semiconductor products for applications that require high-bandwidth, cost-effective solutions for high-speed digital data communications. The Company's products for the personal computer (PC) market include transmitters, receivers and intelligent panel controllers. Silicon's products for the consumer electronics (CE) market include transmitters, controllers and digital video processors. The Company's products for the storage market include Fibre Channel SerDes (serializer, deserializer) and switches, serial ATA (SATA) controllers, serial ATA physical layer and parallel and universal serial bus controllers.
 


 Chart of the Day for THURSDAY  06-24-04
OVTI: Wednesday the stock traded up for the day into earnings and closed at ($34.81) plus (+$16.06) . News hit the wire Wednesday night that The Co, says an independent probe shows no evidence of wrongdoing with timing of rev recognition and also reported that in the three months ended April 30, 2004, the fourth quarter of its fiscal year 2004, it earned net income of $20.8 million, or $0.34 per diluted share, on revenue of $99.7 million. In the fourth quarter of fiscal year 2003, the Company earned net income of $6.1 million, or $0.12 per diluted share, on revenue of $39.9 million.  After-hours activity;  The MOM reserch Admins in the voice forum took notice that some muscle players started buy-up the stock right after the close on light volume where first call players got the news before it hit the DJ news wire forcing the stock moved to the upside to top out at $18.29. The stock pulled back to end the after hours session with a last trade at the high of $18.20.  The conference call went well with positive comments by Co, management.  MOM reserch Admins in the voice forum said the stock will run back up into the 4:30 conference call Q & A on any pullbacks and did so. Let take a technical look at the numbers for today's trading.  Above $18.32 with conformation @ $18.50 the stock can make an upside move to $18.66, $18.74 then $19.02 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 $19.21 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $18.10 with conformation at $17.98 the stock can slide to see $17.63 then $$$$ (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 states it believes the outstanding lawsuits are without merit. Some areas of interest include for the Co, going forward, gross margins not expected to remain above 40%, but should stay in the upper range of the co's targeted 35%-40%, several new product introductions coming and management commented on erroneous reports about John Lynch leaving the co, stating he still remains vice president of marketing and sales. Let see if the yesterdays news and a good post-market conference call plays in positive on the stock this morning.

Keep in mind, today at– 8:30 ET Jobless Claimsnumbers will be posted, Consensus 345K, Durable Goods Ordersnumbers will go off, Durable goods orders plunged 3.2 percent in April after two monthly gains that totaled nearly 10 percent rise 10:00 ET Help Wanted Index  numbers will come out, a monthly index of the number of lines of help-wanted advertising in 51 major newspapers from around the country. New Home Sales will be posted, new home sales dropped a precipitous 11.8 percent in April to a 1,093,000-unit rate after rising sharply in March.

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

OVTI: (www.ovt.com) OmniVision Technologies, Inc. designs, develops and markets high-performance, cost-efficient semiconductor image sensor devices. The Company's main product, an image sensing device called the CameraChip, is used to capture an image in a wide variety of consumer and commercial mass market applications, including digital still cameras, cellular telephones, security and surveillance cameras and video game consoles. The Company's CameraChips are manufactured using the complementary metal oxide semiconductor (CMOS) process, the most widely utilized method of producing modern integrated circuits.
 


 Chart of the Day for WEDNESDAY 06-22-04    

FSII: Tuesday the stock trended up for the day to closed at ($7.30) plus (+.40c). After-hours the stock trended up after the CO, reported Q3 (May) earnings of $0.13 per share, $0.13 better than the Reuters Estimates consensus of $0; revenues rose 87.1% year/year to $36.3 mln vs the $29.7 mln consensus. Co sees Q4 orders of $30-35 mln and revs of approx $33-36 mln, Reuters revs consensus is $35 mln. The MOM reserch Admins in the voice forum took notice that some muscle players started buy-up the stock right after the close on light volume where first call players got the news before it hit the DJ news wire forcing the stock moved to the upside to top out at $8.55. The stock never pulled back to end the after hours session with a last trade at the high of $7.92. Let take a technical look at the numbers for today's trading.  Above $8.00 with conformation @ $8.06 the stock can make an upside move to $8.12 then $8.26 providing the futures are moving to the upside into the 9:30 market open.  If so other upside number is $8.51. Also with conformation at $8.67 the stock can run to $$$$ then $$$$. Look for a short trigger at $7.89 with conformation at $7.81 the stock can slide to see $$$$ then $$$$ (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 announces that  reported in the same period a year earlier, FSI posted a loss of $15.6 million, or 53 cents per share. Three analysts' average estimate, according to Thomson First Call, forecast per-share breakeven results and revenue of $30 million. Chairman Don Mitchell said the results mark two consecutive quarters of orders for FSI's chip manufacturing equipment, which prepares semiconductor wafers for etching.For the fourth quarter, FSI expects revenue in a range of $33 million to $36 million and net income in a range of $1 million to $2 million. First Call's forecast calls for revenue of $35 million with an earnings estimate of 5 cents a share.

 Keep in mind today, no major ECO news will be posted today.
Wednesday morning, Globex futures have been trending down from 1:00 am ET.
FSII: (www.fsi-intl.com) FSI International, Inc. designs, manufactures, markets and supports equipment used in the fabrication of microelectronics, such as advanced semiconductor devices. As of the beginning of fiscal 2003, the Company maintained two divisions, the Surface Conditioning Division and the Microlithography Division. Surface Conditioning process equipment is used to etch and clean organic and inorganic materials from the surface of a silicon wafer. The Company's microlithography product processes light sensitive material used for patterning on the surface of silicon wafers as part of the photolithography phase of the integrated circuit fabrication process. The Microlithography Division designed, manufactured, marketed and supported resist processing products used in the fabrication of semiconductors and thin film heads. Thin film heads are devices manufactured on a silicon wafer that are capable of reading and writing information onto a compact disc or other information storage device.
 


 Chart of the Day for TUESDAY  06-22-04

PLMO: Monday, the stock traded up bucking the trend in a choppy off market  to closed at ($21.46) plus (+$1.11) into earnings. Last night after the close the CO, reported their Q4 (May) earnings of $0.32 per share, $0.19 better than the consensus of $0.13; revenues rose 23.1% year/year to $267.4 mln vs the $254.1 mln consensus. 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 hit  the $25 area on the first run were first call players got the news before it hit the DJ news wire forcing the stock moved to the upside to top out at $26.25 during the Co's, earnings conference call.  MOM research Admins alerted our members that the stock would fall back and to look for a bounce supportive area around $24 before the area Co's, earnings conference call and did so on the first run.  ALSO, MOM research Admins alerted our members that the stock would run back into the conference call and get above the $25 area on the Q& A. The stock finished the the post mearket session at $26.11. Let take a technical look at the numbers for today's trading.  Above $26.25 with conformation @ $26.35 the stock can make an upside move to $26.51, $26.88 then $27.23 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 $27.75 then $$$$ with conformation at $$$$  the stock can run to $$$$ then $$$$. Look for a short trigger at $26.00 with conformation at $25.74 the stock can slide to see $25.25 then $$$$ (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}. The Company also stated, "We achieved profitability for the quarter, and demand remains strong for our handheld and smartphone products. We ended fiscal year 2004 with very good results across virtually every key financial metric, and we enter fiscal year 2005 with an optimistic outlook for accelerating growth and increasing profitability". Also the Co, guided their Q1 EPS to $0.12 GAAP, $0.17 non GAAP and First Call was $0.00. Lastly the CEO Todd Bradley will be on CNBC from 7-10am ET this morning.
Keep in mind today, no major ECO news will be posted today.

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

 PLMO: (www.palmone.com/) palmOne, Inc., formerly Palm, Inc. develops, designs and markets Palm-branded, hand-held devices, accessories and the Palm operating system (Palm OS). The Company was historically organized into two operating segments: the Solutions Group and PalmSource. The Solutions Group develops and markets hand-held devices and accessories to provide the user with a simple, elegant and useful productivity tool. PalmSource developed and licensed the Palm OS and related software, which is referred to as the Palm platform. The Palm platform is the foundation for Palm devices, as well as for devices manufactured by other third-party licensees. As of May 31, 2003, Palm had shipped over 22.3 million Palm-branded devices and approximately 29.1 million Palm-powered devices have been sold worldwide. In October 2003, PalmSource was spun-off to form PalmSource, Inc., a separate company. In addition, the Company acquired Handspring, Inc. in October 2003.

 


 Chart of the Day for MONDAY 06-21-04 


CECO: Friday the stock trended down to close at ($56.24) off (-$10.79).  The news was that Goodkind Labaton filed an Amended Class Action Complaint on Thursday, June 17, 2004, in the United States District Court for the Northern District of Illinois, on behalf of persons who purchased or otherwise acquired publicly traded securities of Career Education Corporation ("Career Education") between January 28, 2003, and December 2, 2003, inclusive.  This was the beginning of the downward spiral. On Friday news came out before the 8:00am ET. open that the company continued to believe the complaint is without merit.  Also the company and individuals named in the complaint will vigorously defend themselves against it. Firms like Piper Jaffray  reiterated the Co, at a outperform,  UBS reiterate neutral and also had cautiously comments, then near the 11:30am ET. dead zone Merrill reiterated the Co, at a buy with a $75.00 target. At the 8:00am ET. open, the stock gapped down a few points and the MOM research Admins alerted our members that the stock would fall back much further and to look for a bounce supportive area around the mid $55 area. The stock did pull back and bounce at $55.55 in the pre-market. The MOM research Admins then signaled a buy trigger on a clear panic reversal at the $56.50-$57.00 areas once the stock had a momentum reversal trend up. By 10:15am ET. the stock then bounced back to hit just above $63 to fall apart just before the into to close .69c right off the pre-market low. Above $56.55 with conformation @ $56.83 the stock can make an upside move to $57.01 then $57.60 providing the futures are moving to the upside from the premarket open at 8:00 am ET into the 9:30 market open. If so other upside numbers ar $57.90, $58.27 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $56.00 with conformation at $55.74 the stock can slide to see $55.24 then $$$$ (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 news fell as a negative for the stock for the overall trading day before the pre-market squeeze back. Lastly, over the weekend in a Wall Street Journal an article said that this lawsuit may smack down other Co's. in the sector and even the top player like COCO. It also said there are concern that the Department of Education is recondition its method for determining Title IV eligibility for this area. This would possibly kill a majority source of the EPS for these companies. On the other hand the Ahead of the Tape column said there are huge funds holding CECO. I may be under the assumption that theses funds may buy the stock on weakness amongst other major players after the smoke clears, IMO.

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, no major ECO news will be posted.

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

CECO: (www.careered.com) Career Education Corporation is a provider of private, for-profit, postsecondary education, with 78 campuses throughout the United States, Canada, France, the United Kingdom and the United Arab Emirates. The Company also offers online education programs through its Online Education Group, which includes American InterContinental University Online and Colorado Technical University Online. The Company's total student population, as of January 31, 2004, was approximately 83,200 students, including the total student population of its Online Education Group, as of January 31, 2004, of approximately 12,200 students. The Company's schools offer degree and diploma programs within its core curricula of business studies, culinary arts, information technology, visual communication and design technologies and health education.

 


 Chart of the Day for FRIDAY  06-18-04
AMHC: Thursday the stock traded down for the day in a choppy off market to bounce back EOD to closed at ($20.25) plus (+.02c) . Last night after the close the CO, reported Q3 (May) earnings of $0.22 per share, which includes a $0.03 gain, not clear if comparable to Reuters  consensus of $0.19; revenues rose 56.3% year/year to $65.4 mln vs the $64.3 mln consensus. MOM Admins took notice that some muscle players started slowly buy-up the stock right after the close on low volume. After-hours activity; first call players got the news before it hit the DJ news wire forcing the stock moved to the upside to top out at $22.50 and stayed at that number. Let take a technical look at the numbers for today's trading. Above $22.75 with conformation @ $27.85 the stock can make an upside move to $23.13, $23.25 then $23.46 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 $23.73 then $$$$ with conformation at $$$$  the stock can run to $$$$ then $$$$. Look for a short trigger at $22.26 with conformation at $22.12 the stock can slide to see $21.91 then $$$$ (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 Company also reaffirms Q4 EPS of $0.26-0.27, consensus $0.26. In touch with Reuters for clarification on earnings actual. Chief Executive Ben Leedle said earnings were "driven by contracts with new customers, expanded contracts with existing customers and increasing business with self-insured employers on behalf of our health plan customers."

 Keep in mind, today at–  8:30 ET Current Account numbers will be posted,  A measure of the country's international trade balance in goods, services, and unilateral transfers.

Friday morning, Globex futures have been trending to the downside across the board from 1:00 am ET on this Quadruple Witching Friday.

AMHC: (www.americanhealthways.com) American Healthways, Inc. provides specialized care enhancement and disease management services to individuals in all 50 states, the District of Columbia, Puerto Rico and Guam. Its integrated care enhancement programs serve entire health plan populations through member and physician care support interventions, advanced neural network predictive modeling and a confidential, secure Internet-based application that provides patients and physicians with individualized health information and data. The Company's integrated care enhancement programs enable health plans to develop relationships with all of their members, not just the chronically ill, and to identify those at highest risk for a health problem, allowing for early interventions. In September 2003, the Company acquired StatusOne Health Systems, a provider of health management services for high-risk populations of health plans and integrated systems nationwide.
 


 Chart of the Day for THURSDAY  06-17-04
CYBX: Wednesday the stock traded up for the day in a choppy consolidated channeled market to closed at ($34.81) plus (+$15.12) . News hit the wire Tuesday night that an FDA panel recommended approval of its VNS system for patients suffering from treatment-resistant depression. The stock was still halted that night. Wednesday morning the halt was lifted at the 8:00 am open were the stock gapped up to $27.74 MOM Admin researchers in the voice forum took notice and alerted the MOM members that multiple muscle players starting to buy-up the stock in a frenzy via ECN's on a HUGE spike in volume. The stock propelled upward to top out at $37.85 in the first 11 minutes of the pre-market open then pulled back to the $30s area were MOM Admin reserchers said the stock will run back up into the 4:00 PM conference call and did so. After the close that CYBX hosted a conference call that went well with positive comments by CO, management. After-hours activity;  The CC moved to the upside to top out at $35.75. The stock then pulled back to end the after hours session on the Q & A with a last trade of $35.39. Let take a technical look at the numbers for today's trading. Above $35.55 with conformation @ $35.75 the stock can make an upside move to $36.03, $36.26 then $36.74 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 $37.20 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $35.15 with conformation at $34.90 the stock can slide to see $34.53 then $$$$ (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}. Let see if the yesterdays news and a good post-market conference call plays in on the stock this morning.

Keep in mind, today at– 8:30 ET Jobless Claims numbers will be posted,  a weekly compilation of the number of individuals who filed for unemployment insurance for the first time. At 10:00 Leading Indicators numbers will go off, A composite index of ten economic indicators that typically lead overall economic activity. Lastly at 12:00 Philadelphia Fed Survey numbers will come out, Investors need to monitor the economy closely because it usually dictates how various types of investments will perform.

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

CYBX: (www.cyberonics.com) Cyberonics, Inc. designs, develops, manufactures and markets medical devices that provide vagus nerve stimulation (VNS) for the treatment of epilepsy and other debilitating neurological, psychiatric diseases and disorders. The Company's primary product, the Cyberonics VNS Therapy System, is an implantable medical device for the treatment of epilepsy, depression, Alzheimer's disease and other debilitating chronic disorders. The Company has approval for the therapy's commercial distribution in the United States, Canada, Europe, Australia and other markets for the treatment of epilepsy, and for its commercial distribution as a treatment of depression in the European market and in Canada. VNS Therapy is being investigated as a treatment option for anxiety disorders such as obsessive-compulsive disorder, panic disorder and adult onset post-traumatic stress disorder.
 


 Chart of the Day for WEDNESDAY 06-16-04    

SNTS: Tuesday the stock trended down for the day to closed at ($11.39) off (-.51c). After-hours the stock surged upward after the CO, won a FDA approval on Rapinex Powder.  The MOM reserch Admins in the voice forum took notice that some muscle players started buy-up the stock right after the close on light volume where first call players got the news before it hit the DJ news wire forcing the stock moved to the upside to top out at $15.42. The stock never pulled back to end the after hours session with a last trade at the high of $15.42. Let take a technical look at the numbers for today's trading. Above $15.52 with conformation @ $15.77 the stock can make an upside move to $16.03 then $16.24 providing the futures are moving to the upside into the 9:30 market open.  If so other upside number is $16.47. Also with conformation at $16.75 the stock can run to $$$$ then $$$$. Look for a short trigger at $15.25 with conformation at $15.05 the stock can slide to see $$$$ then $$$$ (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 announces that the FDA has approved its New Drug Application for Rapinex Powder for Oral Suspension 20mg. An immediate-release formulation of the proton pump inhibitor (PPI) omeprazole, Rapinex Powder for Oral Suspension 20mg is approved for the treatment of heartburn and other symptoms associated with gastroesophageal reflux disease, treatment and maintenance of healing of erosive esophagitis and treatment of duodenal ulcers.

Keep in mind today, that at - 8:30 ET Housing Starts numbers will be posted, Two words. Ripple Effect. This narrow piece of data has a powerful multiplier effect through the economy, and therefore across the markets and your investments. At 9:15 ET Industrial Production numbers will come out, the Index of Industrial Production is a chain-weight measure of the physical output of the nation's factories, mines and utilities. Lastly at 2:00 ET Beige Book numbers will be posted, a compilation of economic conditions from each of the 12 Federal Reserve regional districts. Data are anecdotal and qualitative, rather than quantitative, in nature.
Wednesday morning, Globex futures have been trending up from 1:00 am ET.

 SNTS:  (www.ceradyne.com) Santarus, Inc. is a specialty pharmaceutical company focused on acquiring, developing and commercializing products for the prevention and treatment of gastrointestinal diseases and disorders. The primary focus of the Company's efforts is the development and commercialization of next-generation proton pump inhibitor (PPI) products, which are frequently prescribed drugs for the treatment of many upper gastrointestinal (GI) diseases and disorders. Santarus' three product candidates, Rapinex powder-for-suspension, Rapinex capsule and Rapinex chewable tablet, are immediate-release formulations of omeprazole. These product candidates are intended to treat a variety of upper GI diseases and disorders, including heartburn, gastroesophageal reflux disease (GERD), erosive esophagitis (EE), upper GI bleeding and peptic ulcer diseases.
 


 Chart of the Day for TUESDAY 06-15-04

YELL: Monday the stock traded down for the day to closed at ($37.70) off (-.20c). Before news hit the wire the stock was halted. In the after hours that the Co announced it has increased its outlook for its Q2 (Jun) EPS to $0.85-0.90 (previously $0-.70-0.75), with Reuters consensus at $0.74. After the halt was lifted that stock gapped up to reopen at $43.45 on the first print of 500 shears. MOM Admin researchers in the voice forum took notice that some players starting to sell the stock on a spike in volume. The stock fell back to close in the after hours session at the low with a last trade of $39.52. Let take a technical look at the numbers for today's trading. Above $39.76 with conformation @ $40.02 the stock can make an upside move to $40.27, $40.52 then $40.98 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 $41.47 then $42.03 with conformation at $$$$ the stock can run to $$$$, $$$$ then $$$$. Look for a short trigger at $39.25 with conformation at $39.10 the stock can slide to see $38.86, $$$$ then $$$$. The stock is in a major breakout above $$$$ but needs conformation just above $$$$ on the 1-3 minute rule. (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, "All our business units continue to perform very well. The improvement in our second quarter earnings outlook is being driven by excellent execution along with favorable economic conditions".

Keep in mind, today at–  8:30 ET Consumer Price Index numbers will be posted and consensus are consensus 0.5%, ex food & energy is 0.2%; the CCI rose 0.2 percent in April after a 0.5 percent hike in March. Surprisingly, energy prices inched up a mere 0.1 percent. Since we know that gasoline prices were rising steadily, look for a jump in energy prices in May. Excluding food and energy, the CPI rose 0.3 percent in April, less than March's 0.4 percent jump. the Consumer Price Index is a measure of the average price level of a fixed basket of goods and services purchased by consumers. Monthly changes in the CPI represent the rate of inflation.

Also the NY Empire State Index will be posted at the same time, consensus 0.3%, ell back to 30.2 in May after reaching 34 in April. These levels still represent a healthy pace of manufacturing activity in the New York region. Market players believe this survey is a precursor to the ISM manufacturing survey.

At 9:45 ET Consumer Sentiment numbers will come out,  consensus are 90.5, the University of Michigan's consumer sentiment index dropped several points in May to 90.2 after reaching a level of 94.2 in March. Consumer finances were hit by rising mortgage rates as well as higher gasoline prices and this likely dampened consumer optimism to some degree.


 Tuesday morning, Globex futures have been trending modestly to the upside 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 06-14-04 


JBLU: Thursday the stock trended down to close at ($27.10) off (-.91).  At the open the stock popped then dropped about a point by 10am then bounced back on a head fake to make lower lows for the day right after  the 11:30 dead zone.  After-hours the stock did tic back a bit.  Yesterday, there was an interesting article in the NY Sunday post that stated JBLU may be under valued.  Above $27.29 with conformation @ $27.42 the stock can make an upside move to $27.75 then $27.96 providing the futures are moving to the upside from the premarket open at 8:00 am ET into the 9:30 market open. If so other upside numbers ar $28.16, $28.28 with conformation at $28.38 the stock can run to $$$$ then $$$$. Look for a short trigger at $26.98 with conformation at $26.87 the stock can slide to see $26.66 then $$$$ (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 news fell as a positive for the Co's Sunday in the article, also other highlights stood out like a high customer level of satisfaction seems to be in play for the CO's service. Other standouts say there was a 43% increased in capacity for the year. Let see if this information will move the stock up by the open. 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, that at – 8:30 ET International Trade numbers will be announced, consensus –43BB,Also Retail Sales numbers will be posted at the same time.

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

JBLU: (www.jetblue.com) JetBlue Airways Corporation is a low-fare, low-cost passenger airline that serves point-to-point routes between 22 destinations in 11 states and Puerto Rico. The Company focuses on serving underserved markets and/or large metropolitan areas that have high average fares. It has a geographically diversified flight schedule that includes both short-haul and long-haul routes. JetBlue commenced service in February 2000 and established its primary base of operations at New York's John F. Kennedy International Airport. On August 28, 2001, it began service at its West Coast base of operations, Los Angeles' Long Beach Municipal Airport. In early 2004, JetBlue launched service from Logan International Airport in Boston to five cities with a total of 11 daily departures. As of February 11, 2004, it operated 222 weekday flights, including 108 weekday flights between the Northeast and Florida, 66 weekday flights between the East Coast and western United States and 48 weekday short-haul flights.

 


Chart of the Day for THURSDAY  06-10-04
NTOP: Wednesday the stock traded up for the day in a choppy down market to closed at ($4.49) plus (+.29c) . News hit the wire after the close that NTOP reported their third quarter EPSof ($0.04) ex. items, verses First Call ($0.12) then Reuters Research said that NTOP went with loss of $0.07 excluding Non-Cash Compensation, Non-cash serivces, Impairment and other Incomes, bringing the Co. $0.05 ahead of Reuters consensus of ($0.12) and revenues were $21.5Mil verses first call $20.4Mil. MOM Admins took notice that some muscle players started slowly buy-up the stock right after the close on low volume. After-hours activity; first call players received the news before it hit the DJ news wire forcing the stock moved to the upside to top out at $4.75. The stock then pulled back to end the after hours session with a last trade of $4.71. Let take a technical look at the numbers for today's trading. Above $4.75 with conformation @ $4.79 the stock can make an upside move to $4.83, then $4.95 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 $5.05 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $4.64 with conformation at $4.62 the stock can slide to see $5.56 then $$$$ (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}. Internet telephone service Net2Phone Inc {NTOP} said after the close last night that it narrowed its third-quarter loss with gains from one-time items, overcoming a drop in revenue. Net2Phone reported a loss of $462,000, or one cent per share, in the quarter ended April 30, compared to a loss of $9.3 million, or 16 cents per share, during the same period last year. The results beat analysts' mean estimate which called for a loss of 13 cents per share, according to Thomson First Call.However, The Co. revenue fell 10 percent to $21.5 million from $23.8 million.The company posted a loss of $3.1 million excluding items, slightly below results from last year.Net2Phone's global services division more than tripled its earnings to $1.3 million from $325,000 a year ago, while the company posted wider losses in its cable and corporate units.
Keep in mind, today at– 8:30 ET Jobless Claims numbers will come out, consensus are 335K, New jobless claims decreased 6,000 in the week ended May 29 to 339,000. This was the second drop, but followed two weekly gains which were larger than the declines. Despite the two declines, the 4-week moving average increased to 341,000. On the whole, May claims are down from April levels. At 2:00 ET the Treasury Budget numbers will be posted, The federal budget surplus amounted to $17.6 billion in April, significantly lower than the average April surplus of $93.9 billion over the previous ten years. In May, the deficit has averaged $43.7 billion over ten years. Given the trend towards higher monthly deficits and smaller surpluses, it is likely that the May deficit will surpass the average.

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

NTOP: (www.net2phone.com) Net2Phone, Inc. is a provider of voice and enhanced telecommunication services throughout the world, including cable telephony services. It utilizes Voice over Internet Protocol (VoIP) technology to transmit digital voice communications over managed data networks and the Internet. Effective August 1, 2003, the Company changed its corporate structure, creating two wholly owned subsidiaries, Net2Phone Global Services and Net2Phone Cable Telephony. Net2Phone Global Services delivers VoIP telephone services to businesses and consumers directly and through its global distribution network of over 450 resellers in over 130 countries, capitalizing on the growth, quality, flexibility and cost advantages of VoIP technologies. Net2Phone Cable Telephony offers cable operators a complete suite of services enabling them to deliver to their customers residential telephone service having comparable quality, features and functionality to that offered by traditional telephone companies.
 


 Chart of the Day for WEDNESDAY 06-09-04    

CRDN: Tuesday the stock trended down for the day to closed at ($38.03) off (-.36c). After-hours the stock surged upward in sympathy of DHB Industries announcement they received army huge contract.  The MOM reserch Admins in the voice forum took notice that some muscle players started slowly buy-up the stock right after the close on light volume where first call players got the news before it hit the DJ news wire forcing the stock moved to the upside to top out at $38.85. The stock then pulled back to end the after hours session with a last trade of $38.03. Let take a technical look at the numbers for today's trading. Above $38.25 with conformation @ $38.36 the stock can make an upside move to $38.75 then $38.98 providing the futures are moving to the upside into the 9:30 market open.  If so other upside number is $37.74. Also with conformation at $37.60 the stock can run to $$$$ then $$$$. Look for a short trigger at $13.95 with conformation at $13.90 the stock can slide to see $$$$ then $$$$ (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}. Just for your information, DHB Industries award, is the Largest Contract for Armor Ever Issued In the History of Body Armor - Now the company's backlog swells to a record $415 Million.  On the other hand keep and eye on yesterdays COD.  REMC reported their Q1 ($0.11) vs. First Call ($0.16) and ran up after the close +0.45.
Wednesday morning, Globex futures have been trending mixed from 1:00 am ET.

 CRDN:  (www.ceradyne.com) Ceradyne, Inc. develops, manufactures and markets advanced technical ceramic products and components for defense, industrial, automotive/diesel and commercial applications. The Company's primary products include lightweight ceramic armor for soldiers and military helicopters; aesthetic ceramic orthodontic brackets; durable, reduced friction, ceramic diesel engine components; ceramic-impregnated dispenser cathodes for microwave tubes, lasers and cathode ray tubes, and ceramic industrial components for erosion and corrosion resistant applications. The Company has also developed the following products: missile radomes (nose cones) for the defense industry; ceramic crucibles used for melting silicon in the photovoltaic solar cell manufacturing process; corrosion resistant ceramic components sold to semiconductor equipment manufacturers, and lightweight ceramic armor for incorporation into civilian and military vehicles.

 


 Chart of the Day for TUESDAY 06-07-04

REMC: Monday the stock traded up for the day to closed at ($6.70) plus (+.19c). News hit the wire in after hours that the Co announced it has received an initial $9.9 million production contract from Raytheon Missile Systems for the TOW missile second-generation upgrade program.  MOM Admin reserchers in the voice forum took notice that some muscle players started to buy-up the stock on a spike in volume. The stock propelled upward to top out at $7.94 closing the after hours session with a last trade of $7.53. Let take a technical look at the numbers for today's trading. Above $7.54 with conformation @ $7.60 the stock can make an upside move to $7.76, $7.92 then $8.00 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 $8.07 then $8.25 with conformation at $8.30 the stock can run to $$$$ then $$$$. Look for a short trigger at $7.45 with conformation at $7.35 the stock can slide to see $$$$ then $$$$ (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}. This contract is a result of Raytheon's recent demonstrated success to prove feasibility to add expanded capability to the TOW weapon system. With the production option for additional microwave units, the total contract value has a potential of greater than $17 million for the first three production lots for REMEC. This program is the result of an earlier development success for the TOW Gen 1 system in which over 1,000 production upgrade units were produced by REMEC for this missile configuration. The new TOW Gen 2 production contract includes delivery of 1,501 Integrated Microwave Assemblies (IMA's), production rate tooling, and long lead material funding for an additional 807 IMA's. Delivery is scheduled to begin in 2004 with contract completion in early 2006.

Tuesday morning, Globex futures have been trending modestly downside from 1:00 am ET.

 REMC: (www.remec.com) REMEC, Inc. designs and manufactures microwave and millimeter wave subsystems used in the transmission of voice, video and data traffic over wireless communications networks, and also provides advanced integrated microwave subsystem solutions for defense and space electronics applications. The Company produces these products primarily through its two main business segments: Commercial and Defense & Space. REMEC sells its commercial products primarily to original equipment manufacturers, which in turn integrate the Company's products into wireless infrastructure equipment solutions that are sold to network service providers. It sells its radio frequency and microwave equipment to United States defense prime contractors for integration into larger systems, primarily radar electronic warfare, communications and navigation. REMEC has facilities in the United States, Costa Rica, the Philippines, China, Mexico and Canada
 


 Chart of the Day for MONDAY 06-07-04 

ONXX: Friday the stock trended down to close at ($42.14) off (-$2.18).  At the open the stock dropped 2 points by 10am then bounced back by 11am to almost Thursdays closing price to fall apart just before the 3 o'clock pivot to close right off the LOD.  After-hours the stock did tic back a bit.  ''BIG'' news hit over the weekend that Bayer Pharmaceuticals Corporation (BAY) and Onyx Pharmaceuticals, Inc (ONXX) announced encouraging new interim results from a Phase II clinical trial of BAY 43-9006 used as a single agent in patients with advanced renal cell carcinoma (RCC), or kidney cancer. The results were presented at the annual meeting of the American Society of Clinical Oncology in New Orleans. Let take a technical look at the numbers for today's trading. Above $44.54 with conformation @ $44.68 the stock can make an upside move to $45.27 then $45.52 providing the futures are moving to the upside from the premarket open at 8:00 am ET into the 9:30 market open. If so other upside numbers ar $45.72, $46.00 with conformation at $46.18 the stock can run to $$$$ then $$$$. Look for a short trigger at $43.76 with conformation at $43.63 the stock can slide to see $$$$ then $$$$ (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 news fell as a positive for both Co's Saturday, BAY 43-9006, a novel RAF kinase and VEGFR inhibitor under investigation for the prevention of tumor growth, combines two anticancer activities: inhibition of tumor cell proliferation and tumor angiogenesis."In this study, the use of BAY 43-9006 in patients with renal cell carcinoma has resulted in a high level of durable disease stabilization or tumor shrinkage," said lead investigator Mark Ratain, M.D., Professor of Medicine and Associate Director for Clinical Sciences, Cancer Research Center, University of Chicago, USA. "As we continue to evaluate BAY 43-9006, I am excited about the potential it may offer in the fight against this form of kidney cancer."The data included tumor response for 89 participants (of 106 total RCC patients) who were assessed at 12 weeks, as well as duration of response data for 37 of these participants who experienced tumor shrinkage of greater than 25 percent. Thirteen of the participants had their tumors shrink by at least 50 percent at the 12-week assessment. Nine patients were confirmed to have this degree of tumor response by subsequent scans conducted at least six weeks later. Thirty-eight participants had disease stabilization and were randomized. The remaining 31 (of 106) participants had disease progression or were discontinued from the study for other reasons.The entire group of 37 patients who had tumor shrinkage, and continued to receive BAY 43-9006 in the open-label phase of the study, had an estimated median time to tumor progression (TTP) of 48 weeks based on investigator assessment. Of these, 88 percent were progression free at six months. These investigator-reported data, including the confirmatory radiology scans needed to define response rates, are subject to a final independent radiologic review, which will be completed by the sponsor at the conclusion of the study. 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, that at – 3:00 ET Consumer Credit, consensus 5.9B, Consumer installment credit expanded by $5.7 billion in March after a meager $0.9 billion gain in February. April motor vehicle sales were sluggish and this should hamper credit demand for the month, along with the soggy retail sales figures.

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

ONXX: (www.onyx-pharm.com) Onyx Pharmaceuticals, Inc. is engaged in the discovery and development of novel cancer therapies utilizing two technology platforms, small molecules that inhibit the proteins involved in excess growth signaling, and therapeutic viruses that selectively replicate in cells with cancer-causing genetic mutations. The Company is developing a novel small molecule compound, BAY 43-9006, in collaboration with Bayer Pharmaceuticals Corporation. Utilizing its proprietary virus technology, the Company is developing ONYX-411, a second-generation product that targets cancers with abnormal function of the retinoblastoma tumor-suppressor gene, and is developing Armed Therapeutic Virus products.
 


 Chart of the Day for FRIDAY  06-04-04

INTC: Wednesday the stock traded down for the day in a choppy off market to closed at ($27.41) plus (-.60c) . News hit the wire after the close that  INTC sees Q2 sales $8.0-$8.2 bln, sees Q2 gross margin 60-61%, Intel narrows Q2 guidance. MOM Admins took notice that some muscle players started slowly buy-up the stock right after the close on low volume. After-hours activity; first call players got the news before it hit the DJ news wire forcing the stock moved to the upside to top out at $28.33. The stock then pulled back to end the after hours session with a last trade of $27.80. Let take a technical look at the numbers for today's trading. Above $28.01 with conformation @ $28.20 the stock can make an upside move to $28.33, $28.45 then $28.55 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 $28.72 then $$$$ with conformation at $$$$  the stock can run to $$$$ then $$$$. Look for a short trigger at $27.67 with conformation at $27.55 the stock can slide to see $27.41 then $$$$ (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 expects revenue for Q2 to be between $8.0-8.2 bln, (previously $7.6-8.2 bln) Reuters consensus is $8.00 bln. Demand for Intel Architecture products is consistent with co's expectations at the beginning of the quarter and significantly higher than in the same period last year. Communications revenue is trending above co's previous expectations primarily due to increased demand for co's flash memory products. Gross margin percentage is expected to be between 60-61%, as compared to the previous expectation of 60%, plus or minus a couple of points. Co closed a state income tax audit relating to prior years' returns, and as a result will reduce its income tax expense by approx $60 mln during the quarter, which will slightly reduce the previous full year tax rate expectation of approx 32%. "These people are on track," said Marshall Front, chairman of Front Barnett Associates, an investment company that holds 2.1 million Intel shares. "They made some enormously beneficial investments in new plants over the last couple of years that are finally beginning to bear fruit."Intel said it now expected revenue of $8.0 billion to $8.2 billion, with a gross profit margin of 60 percent to 61 percent for the second quarter ending June 26.In April, Intel forecast quarterly revenue in the range of $7.6 billion to $8.2 billion, and gross margins of about 60 percent. Analysts on average had forecast second-quarter revenue of about $8.0 billion, according to Reuters Estimates.

Keep in mind, today at– 8:30 ET  Employment Situation (jobs) report numbers will be posted, consensus 0.3%; Nonfarm payroll employment jumped 288,000 in April after a robust 337,000 gain in March. The bulk of gains stem from increases in the service-producing sector, but even manufacturing employment managed to post three straight monthly gains. The civilian unemployment rate edged back down to 5.6 percent in April after ticking up to 5.7 percent in March. The jobless rate has remained in a tight range since December 2003.

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

INTC: (www.intel.com) Intel Corporation designs, develops, manufactures and markets computing and communications products at various levels of integration. It has three product line operating segments: the Intel Architecture business, which is composed of the Desktop Platforms Group, the Mobile Platforms Group and the Enterprise Platforms Group; the Intel Communications Group (ICG), and the Wireless Communications and Computing Group (WCCG). The Intel Architecture operating segment's products include microprocessors and related chipsets and motherboards. ICG's products include wired Ethernet and wireless connectivity products, network processing components and embedded computing products. WCCG's products include flash memory, application processors and cellular baseband chipsets for cellular handsets and hand-held devices. The Company's products are sold directly to original equipment manufacturers (OEMs), and through retail and industrial distributors, as well as reseller channels throughout the world.
 


 Chart of the Day for THURSDAY  06-03-04

CMVT: Wednesday morning Comverse Tech was upgraded by WR Hambrecht in the pre-market. The stock traded up for the day in a choppy market to closed at ($17.42) plus (+.27c). News hit the wire after the close that Comverse Tech beat by $0.03, ex items, beats on revs. MOM Admins took notice that some muscle players started slowly buy-up the stock right after the close on low volume. After-hours activity; first call players got the news before it hit the DJ news wire forcing the stock moved to the upside to top out at $18.19. The stock then pulled back to end the after hours session with a last trade of $18.11. Let take a technical look at the numbers for today's trading. Above $18.15 with conformation @ $18.30 the stock can make an upside move to $18.48, $18.64 then $18.80 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 $18.93 then $$$$ with conformation at $$$$  the stock can run to $$$$ then $$$$. Look for a short trigger at $17.98 with conformation at $17.92 the stock can slide to see $17.78 then $$$$ (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}. In the first fiscal quarter, which ended April 30, Comverse said it earned $47 million, or 3 cents a share, reversing a loss of $5.82 million, or 3 cents a share, a year earlier. Excluding one-time items, Comverse earned $10.6 million, or 5 cents, versus a loss of $7.59 million, or 4 cents, a year ago. The company was expected to earn 2 cents, according to the consensus of analysts surveyed by Thomson First Call.Sales climbed to $221.4 million from $203 million in the prior quarter, and revenue was up from $180.6 million a year ago.The developer of networking gear and software said revenue rose in all three of the company's major divisions. Lets see if the stock will play up on this report.

Keep in mind, today at– 8:30 ET Productivity and Costs numbers will be poeted, consensus 3.7%, The preliminary estimate showed that nonfarm productivity grew at a 3.5 percent rate in the first quarter after increasing at a 2.5 percent rate in the fourth quarter of 2003. At the same time, unit labor costs rose at a 0.5 percent rate in Q1 after remaining unchanged in the fourth quarter. Based on the minor revisions to first quarter GDP growth, major revisions are not expected for either productivity or costs. At 8:30 ET Jobless Claims, consensus 335K, New jobless claims decreased 3,000 in the week ended May 22 to 344,000. This was the first drop, albeit small, after two straight weekly gains. In any case, the 4-week moving average inched up to 335,500 after four straight weekly declines but claims are below month ago levels. This bodes well for employment. At 10:00 ET ISM Non-Manufacturing Survey numbers will be posted, Consensus 66%, The business activity index from the ISM non-manufacturing survey had jumped several points in April to reach 68.4 percent. This shows that business activity continued to expand at a healthy rate in the beginning of the second quarter. At 10:00 ET Factory Orders numbers will be posted, consensus –1.5%.  Factory orders jumped 4.3 percent in March after a healthy 1.1 percent gain in February. The outlook for April factory orders is less favorable since advance durable goods orders posted a 2.9 percent drop for the month. Both defense and nondefense capital goods orders fell during the month. 

Tuesday morning, Globex futures have been trending to the downside across the board from 1:00 am ET. Crude oil overnight session is grinding higher since the attacks on oil company offices in Saudi Arabia over the weekend.

 CMVT: (www.comversetechnology.com) Comverse Technology, Inc. (CTI) designs, develops, manufactures, markets and supports software, systems and related services for multimedia communication and information processing applications. The Company's products are used in a range of applications by wireless and wireline telecommunications network operators and service providers, call centers and other government, public and commercial organizations worldwide. Through its subsidiary, Comverse, Inc. (Comverse), CTI provides telecommunication software, systems and related services for voice and data value-added enhanced services. Through its subsidiary, Verint Systems Inc. (Verint), it provides analytic software-based solutions for communications interception, digital video security and surveillance and enterprise business intelligence. Through its subsidiary, Ulticom, Inc. (Ulticom), the Company provides services enabling signaling software for wireline, wireless and Internet communications.
 


 Chart of the Day for WEDNESDAY  06-02-04
 

IDSA.   Huge volume and price surge on no news.  That’s the way we like to see certain stock trades play out, and this one certainly fit the bill.   P&F chart shows a Bearish Signal Reversed on 6-01-04.  We had a volume/price alert at 12.20 (price) and it soon traded up to a high of 14.10, whch is also the 1/8 line.   After spending a long time in a downtrend and below the 0/8 line of 12.50, and then a price cluster/consolidation elipse below the –1/8 line of 10.94, which were very oversold conditions.  This was an “educational alert” because volume was below 300k at the time, and we stated in the Paltalk room that the last spike high was 23.75, and the second significant push was 21.50 (daily chart), and then bounced off the 10.00 area.  It was not a day trading stock, and as we stated, “Don’t try to day trade educational alerts or you could get your head handed to you.”  We also stated that the rally-back resistance levels were 13.00 then 14.00, and obviously these levels were hit intraday.  There is also a significant Gann level at 18.75 that it needs to broach for continuation past the old highs (see chart below).  By the end of the day volume was 920k, versus average of 746k, and the stock price was +30%.  This is not a piker stock, and it has had rather strong revenue growth and earnings growth recently.
Wednesday morning, Globex futures have been trending modestly to the downside across the board from 1:00 am ET. Crude oil overnight session is grinding higher since the attacks on oil company offices in Saudi Arabia over the weekend.

 Keep in mind, today at 4:00- we have Motor Vehicle Sales, which will give us clues above whether or not rising oil prices are affecting consumer demand for the automobile.

 Market comments- Oil closed at a record 42.29, closing above the 42.00 resistance level after further Middle East instability over the long weekend.  There was some pressure on the financial markets, but they shuffled back up from the reversal alert we gave on the ES from the 1112.00 area, for a 10 point runner above 1122.00 with a close above 1121.00.  The ISM Manufacturing index came in very strong, as we suggested it would after the strong Chicago purchasers’ report and Payroll numbers on Friday of last week.

 IDSA: (http://www.isa-inc.com) Industrial Services of America, Inc. is a scrap recycling and management services company specializing in ferrous, non-ferrous and fiber recycling, as well as solid waste management, equipment sales and leasing and commercial real estate development with associated properties. Management services represent contracts with retail, commercial and industrial businesses to handle their waste disposal needs, primarily by subcontracting with commercial waste hauling and disposal companies. The Company's customers are located throughout the United States, Canada, Puerto Rico and Mexico. ISA Indiana, Inc. provides services related to ferrous, non-ferrous and fiber scrap recycling in southern Indiana. ISA Recycling, LLC provides services related to ferrous, non-ferrous and fiber scrap recycling in Louisville, Kentucky. Computerized Waste Systems, Inc. specializes in offering solid waste management consultations for companies involved in the retail, restaurant and industrial sectors.  For the three months ended 3/31/04, revenues rose 35% to $34.8 million. Net income totalled $449 thousand vs. a loss of $183 thousand. Results reflect increased volume of shipments and higher price of commodities and an increase in operating margin.
 


 Chart of the Day for TUESDAY 06-01-04

TIBX: Friday the stock traded up for the day to closed at ($8.30) plus (+.29c). News hit the wire over the weekend in a Barron's artical that RFID could be the next big thing in technology. Barron's writer thinks RFID could boost gains in productivity by cutting labor and other costs by lowering inventories stocked items. and may boost sales by 3%-4%. Bear Stearns recommends TIBX on this next big thing in technology. MOM Admins in the voice forum took notice that the stock has been moving upward in the past 7 days.  There was not much After-hours activity on Friday.  Let take a technical look at the numbers for today's trading. Above $8.35 with conformation @ $8.39 the stock can make an upside move to $8.50, $8.59 then $8.68 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 $8.75 then $8.88 with conformation at $8.95 the stock can run to $$$$ then $$$$. Look for a short trigger at $8.25 with conformation at $8.17 the stock can slide to see $$$$ then $$$$ (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}. Lets see if the stock will play on this Barron's news.

Keep in mind, today at– 10:00 am ET. ISM Manufacturing Index numbers will come out, consensus is 62.00; The ISM manufacturing index remained virtually unchanged in April at a high level of 62.4 percent. Production and employment were the two major components to increase in April; the remaining three components (new orders, inventories, and supplier deliveries) inched down. On the whole, this indicator suggests that manufacturing activity is percolating nicely. Also at 10:00 Construction Spending will be posted, consensus is 0.5%; Construction spending increased 1.5 percent in March after posting a smaller 0.4 percent rise in February. A 0.8 percent rise in the residential sector helped to boost the total. Rising interest rates are likely to start curtailing growth in residential construction.

 Tuesday morning, Globex futures have been trending to the downside across the board from 1:00 am ET. Crude oil overnight session is grinding higher since the attacks on oil company offices in Saudi Arabia over the weekend.

 TIBX: (www.tibcosoftware.com) TIBCO Software, Inc. is engaged in the development and marketing of a suite of software products that enables businesses to link internal operations, business partners and customer channels through the real-time distribution of information. The Company's products are marketed and sold as part of the TIBCO ActiveEnterprise standards-based platform for real-time business. TIBCO ActiveEnterprise is a comprehensive set of solutions comprised of three categories of software: business optimization software, business integration software and enterprise backbone software. All of the Company's products can be sold individually to solve specific technical challenges, but the emphasis of its product development and sales efforts is the creation of products that interoperate seamlessly and can be sold together as a complete solution to business problems. TIBCO also provides its customers implementation services, on-site support, consulting and training.