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Chart of the Day for WEDNESDAY 10-27-04

MSTR: Tuesday, the stock traded down to closed at ($46.72) off (-.44c). Last night after the close the Co reported their EPS of $7.22 per share, which includes a tax benefit of $102.97 mln, or roughly $6.09 per share, and is not comparable to Reuters consensus of $0.51; revenues rose 41.6% year/year to $60.6 mln vs the $48.6 mln consensus. Company expects Q4 (Dec) EPS of GAAP $0.39-0.79, revs $47.7-57.4 mln (consensus of $0.76, $56.91 mln). Co sees Y04 GAAP EPS of $1.87-2.74, revs of $211-251.6 mln (consensus $2.53, $204.5 mln). After-hours activity;  MOM research Admins took notice that some activity where the stock pulled back then 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 $55.35 right after the news post, then the stock pulled back a bit then retraced into the CC. The stock then drifted back again to finished the post market session at $54.91. Let take a technical look at the numbers for today's trading.  Above $55.35 with conformation @ $55.50 the stock can make an upside move to $55.81, $56.17, then $56.80` 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 $57.20 then $57.67 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $54.74 with conformation at $54.44 the stock can slide to see $54.05, $53.54, $53.15 then $$$$ and $$$$ (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}. Lets sum up the CC. During the MicroStrategy call, some key takeaways so far have been the following: 1) The co noted its performance was due to existing customers adopting their platforms, highlighting strong product cycle coupled with increased applications, positively influencing lic revs; 2) Management noted the FBI will be using Microstrategy's technology in their data warehouse; 3) MicroStrategy noted its robust product cycle is in "full swing and hardly abating."

Keep in mind today, Wednesday, October 27, At 8:30 EST Durable Goods Orders numbers will be posted.  This is a market moving event.  At 10:00 New Home Sales numbers will be posted. Consensus are 1120K.  At 2:00 pm the Fed's Beige Book numbers will be posted.      

 Globex futures have been trending to the upside across the board from 1:00 am ET.
MSTR: (http://www.microstrategy.com) MicroStrategy Incorporated is a worldwide provider of business intelligence software that enables companies to analyze the raw data stored across their enterprise to reveal the trends and insights needed to develop solutions to manage their business effectively. The Company's software delivers this information to workgroups and the enterprise and extranet communities via e-mail, Web, fax, wireless and voice communication channels. MicroStrategy 7i integrates a range of reporting, analysis, report delivery and alerting capabilities into a single platform, providing central management of security, administration, development and deployment. Businesses can use Microstrategy's software platform to develop user-friendly solutions, proactively refine revenue-generating strategies, enhance cost-efficiency and productivity and improve customer relationships.
 

 

Chart of the Day for TUESDAY 10-26-04


NVDA: Tuesday, the stock traded up to closed at ($13.34) plus (+.06c). Last night after the close, the Co raises Q3 sales guidance, also expects Q3 total rev to be $510-$515 mln, vs previous guidance of $470-$502 mln (consensus $491.6 mln). Q3 gross margin is expected to be 31.7-32.7%. The Co says a product mix shift to and share gains in the GeForce 6 GPU family contributed to strong rev growth in the DX9 performance segment. After-hours activity;  MOM research Admins took notice that some muscle players started slowly buying-up the stock right after the close on high 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 $15.75 right after the news post, then the stock pulled back a bit then retraced. The stock then drifted back again to finished the post market session at $14.90. Let take a technical look at the numbers for today's trading.  Above $14.97 with conformation @ $15.06 the stock can make an upside move to $15.23, $15.35, then $15.55` 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 $15.66 then $15.75 with conformation at $15.89 the stock can run to $$$$ then $$$$. Look for a short trigger at $14.81 with conformation at $14.75 the stock can slide to see $14.62, $14.53, $14.23 then $$$$ and $$$$ (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 ATYT lifts in sympathy on NVDA's guidance raise.

 Keep in mind today for Tuesday, October 26,  At 8:30 EST Consumer Confidence numbers will be posted.  Consensus are 94.0.

 Globex futures have been trending to the upside across the board from 1:00 am ET.
NVDA: (http://www.nvidia.com) NVIDIA Corporation designs, develops and markets graphic processing units, media and communications processors, ultra-low-power media processors and related software that are an integral part of a wide variety of visual computing platforms, including enterprise personal computers (PCs), consumer PCs, professional workstations, notebook PCs, personal digital assistants, cellular phones, game consoles and digital media centers. The original equipment manufacturers (OEMs), original design manufacturers (ODMs), add-in-card manufacturers, system builders and consumer electronics companies utilize NVIDIA digital media processors as a core component of the entertainment and business solutions. The Company's three major product groups are Graphic Processing Units, Media and Communications Processors and Ultra-Low Power Media Processors. In addition, it also sells a two-chip platform processor for use in Microsoft's Xbox video game console.
 

 

Chart of the Day for THURSDAY 10-14-04


AAPL: Wednesday, the stock traded up to closed at ($39.75) plus (+$1.46). Last night after the close the Co reported their earnings and beat the street by $0.09, also beat on revs and guided above Q1 consensus Reports Q4 (Sep) earnings of $0.27 per share, ex items, $0.09 better than the consensus of $0.18; revenues rose 37.0% year/year to $2.35 bln vs the $2.15 bln consensus.Co reports it shipped 836K Macintosh units and 2.01 mln iPods during the quarter (whisper numbers for iPod were 1.8-2.0 mln, consensus is 1.45 mln. Co expects Q1 revs between $2.8-2.9 mln and EPS of $0.39-0.42, Reuters consensus is $2.51 mln and $0.28, respectively.  After-hours activity;  MOM research Admins took notice that some muscle players started slowly buying-up the stock right after the close on high 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 $42.40 right after the news post, then the stock pulled back to 41.70 before bouncing and retraced passed the high to 42.68 by the end of the conference call. The stock then held up to finished the post market session at $42.41. Let take a technical look at the numbers for today's trading.  Above $42.51 with conformation @ $42.76 the stock can make an upside move to $43.19, $43.47, then $43.96 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 $44.16 then $44.52 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $42.10 with conformation at $41.98 the stock can slide to see $42.50, $40.93, $40.00 then $$$$ and $$$$ (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}. Lets sum up the CC. Last night on the conference call the Co's said Sales were driven by 450K portable mac shipments and strong iPod sales of 2M. Mac revenue was driven by 836K total shipments, lower than expected due to G5 availability. Sell through was greater in the quarter which sent inventories below the target level. HPQ sold 6% of the iPods, Co does not expect that to be a one time event. Co is expecting to see a marked increase in the Dec quarter of unit shipments. Retail segment saw sales of $4.6M per store (average of 81 stores open during the quarter). Co noted that foot traffic was higher at its retail stores. Mgmt noted that co had a strong back to school business. Gross margins of 27% were consistent with previous guidance and up y/y. Co states that iTunes has 70% market share in the US, and will from time to time hold sales for music. Believes they have 65% shares in Mp3 players. Looking to add more features to the iPod and not looking to contribute to a standard. Two factors that help gross margins going forward are the expanding direct business and the increasing portfolio of AAPL branded software. A negative factor that effects gross margins is the hardware end, which is very competitive. Although co later went on to mention that component pricing was falling, with memory and LCD's weaker than anticipated. This lowering of component pricing drove mgmt to push gross margin guidance higher in the coming quarter. Also, Mgmt noted that iPod is still in its infancy, and likens the potential to that of how Sony shipped 300M walkman's in the 80's and 90's.  PRE-MARKET NEWS ALERT, JP Morgan upgraded the Co to overweight from neutral, Morgan thinks the Q4 earnings numbers shows potential for more upside despite recent price appreciation. 

Thursday, October14, 2004, At 8:30 EST, Jobless Claims.  Consensus are 340K. The claims data reflect the improved economy and increased labor demand. The 4-week average is now historically consistent with payroll gains large enough to leave a sustained downward trend in the unemployment rate.  The downward trend in initial claims has flattened in the 335K-340K range -- consistent this stage of the expansion.  Layoffs no longer provide the direction for payrolls as net new hiring has taken the lead.  Improvement in continuing claims also reflects strengthening labor demand as an exhausted term on long term unemployed also provides a modest downward force.  The labor market improvement is clear and consistent with payroll gains in the 150K-200K range going forward.  At 8:30 EST, Import and Export Prices numbers will be posted.  Import Prices Consensus are 0.5%.  8:30 EST, International Trade numbers will be posted. Trade Deficit Consensus are $-51.5B.  This is a market moving event. 

 Todays Earnings plays:  This is a deliberately abbreviated list of scheduled earnings reports, because we try to limit the list to the more liquid names (average trading volume) and/or stocks that can affect the overall market or their respective sector. For Thursday: (AM) CY, FDC, IONA, MRCY, NOK, TRAD. (PM) CNET, CREE, FCS, JNPR, NMSS, RMBS, SUNW, WIT.
Globex futures have been trending to the upside across the board from 1:00 am ET.
AAPL: (http://www.apple.com) Apple Computer, Inc. designs, manufactures and markets personal computers (PCs) and related software, peripherals and personal computing and communicating solutions. Its products include the Macintosh line of desktop and notebook computers, the Mac OS X operating system, the iPod digital music player and a portfolio of software and peripheral products for education, creative, consumer and business customers. The Company sells its products through its online stores, direct sales force, third-party wholesalers and resellers and its own retail stores. As of September 30, 2003, Apple operated 65 retail stores. In addition to its own hardware and software products, the Company's retail stores carry a variety of third-party hardware and software products.
 

 

Chart of the Day for WEDNESDAY 10-13-04

YHOO: Tuesday, the stock traded up to closed at ($34.23) plus (+.20c). Last night after the close the Co reported their earnings, prelim $0.09 vs $0.09 consensus; revs of $655 mln vs $644.7 mln consensus, sees Y04 revs of $2.52-$2.57 bln vs $2.53 bln consensus, sees Q4 revs of $710-$760 mln vs $727.8 mln consensus, Reports Q3 (Sep) earnings of $0.09 per share, excluding net impact of $129 mln gain (or $0.09), in line with the consensus of $0.09; revenues excluding traffic acquisition costs ("TAC") rose 83.7% year/year to $655.4 mln vs the $644.7 mln consensus. Company issues in-line guidance for Q4 (Dec), sees revs, ex TAC, of $710-760 mln, vs consensus of $727.8 mln; also sees Y04 revs of $2.515-2.565 bln vs consensus of $2.53 bln. YHOO CEO comments: Co sees the world moving from mass media to digital media. Search, community personalization and content are the key areas of the future of the internet. Paying relationships increased in the quarter, due to access bundled with content. Personals and fantasy sports were large growers with 40% y/y growth in premium fantasy sports sales. Travel sector continues to use on line area for customer acquisition. Lead generation business (overture) has been on YHOO platform for a year. 40% of local match advertisers are new to YHOO. Co states they are essential to the media mix for on line advertising.  The Co sold 25% of shares of GOOG-the remainder of shares are in short term investments suggesting that the company would sell the remainder of the position within the next 12 months. Ending cash of $3.1B was up from last quarter. Company is acquiring revenue producing users, enduring some seasonality. Mgmt states that Marketing 514M (ex tac)- grew 38% on organic basis and Co did see higher volume in search than was expected. Fees of $104M were up 31% from year ago as premium services saw solid increases. Increases in Fantasy Football and the Rogers services were the biggest reasons for growth. Paid relationships are expected to move higher than the 7.5M-8M and guidance is now 8.2M-8.3M. Listings - Hotjobs exhibited some growth. YHOO saw good growth internationally, but stressed the idea that the countries where the service was mature would see enhanced profitability. Outlook increased due to MusicMatch - 45-60M in 4Q from acquired companies. Organic growth rate is expected to be 37% for the year. Guidance is also calling for a doubling of FCF from the year ago period After-hours activity;  MOM research Admins took notice that some muscle players started slowly buying-up the stock right after the close on high 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 $35.50 right after the news post, then the stock pulled back a hard to 32.46 before bouncing and retraced to the high 34 area into the conference call. The stock then held up to finished the post market session at $34.78. Let take a technical look at the numbers for today's trading.  Above $35.03 with conformation @ $35.14 the stock can make an upside move to $35.45, $35.77, then $35.98 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 $36.27 then $36.51 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $34.50 with conformation at $34.43 the stock can slide to see $34.23, $34.02, $33.91 then $$$$ and $$$$ (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}. Lets sum up the CC with comments from Q+A: TAC up 13% sequentially, TAC rates stayed stable. Overall revs per search were up, with coverage being the primary driver. Volumes grew in the mid to high single digits and that is before the incremental volume from partner sites. Rev per page view was up double digits, with good fourth quarter commitments. When looking at the inventory shortage CEO noted that it was a "high class problem" as more areas and business move onto the internet this problem should fix itself. YHOO noted that they are not forcing searches into YHOO branded sites such as FareChase and YHOO Shopping. Mgmt is seeing more and more time being spent on the Internet. Mary Meeker noted that YHOO is expanding the amount of video that is on the site, but CEO declined to expand on the idea other than to repeat the question. 12M people are now using Blogs, which are a variety of online diaries. Fees segment added 1.2M subs but rev was flat, co noted many were added late in the quarter and the 2Q line was impacted by a few large items. Mgmt notes that pay per click is seeing some good trends.  Look for a few stocks to follow yahoo up In reaction to the Co's earnings report & conference call: ASKJ +5.5%, MAMA +1.6%, GOOG +1.6%, EBAY +0.1%.  

Keep in mind today, Wednesday, October 13, 2004 At, 2:00 EST, Treasury Budget numbers will be posted. This is a very important report, but not really a market moving one, perhaps because we have become so accustomed to huge deficits. 

 Todays Earnings plays:  This is a deliberately abbreviated list of scheduled earnings reports, because we try to limit the list to the more liquid names (average trading volume) and/or stocks that can affect the overall market or their respective sector. For Wednesday: (AM) ASML (PM) AAPL, LRCX, NTOP, NVLS, QLGC, SNDK
Globex futures have been trending to the upside across the board from 1:00 am ET.
YHOO: (http://www.yahoo.com) Yahoo! Inc. is a provider of Internet products and services to consumers and businesses through the Yahoo! Network, its worldwide network of online properties. The Company's properties and services for consumers and businesses reside in four areas: Search and Marketplace, Information and Content, Communications and Consumer Services and Affiliate Services. Its basic products and service offerings are available without charge to its users. It also offers a variety of fee-based services that provide users access to value-added content or services. The Company also sells marketing and advertising services to businesses across its properties and services. During 2003, Yahoo! completed the acquisitions of Inktomi Corporation and Overture Services, Inc. in March and October, respectively. Inktomi is a provider of Web search and paid inclusion services on the Internet. Overture is a provider of commercial search services on the Internet, including pay-for-performance search services.
 

 

Chart of the Day for TUESDAY  09-21-04
ADBE: Tuesday, the stock traded down to closed at ($47.95) off (-.19c). Last night after the close the Co reported their Q3 (Aug) earnings of $0.43 per share, $0.04 better than the consensus of $0.39; revenues rose 26.5% year/year to $403.7 mln vs the $391.2 mln consensus. Company issues upside guidance for Q4 (Nov), sees EPS of $0.38-0.41 vs. consensus of $0.37 on revenues of $400-415 mln, consensus $389.9 mln.  After-hours activity;  MOM research Admins took notice that some muscle players started slowly buying-up the stock right after the close on high 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 $11.10 right after the news post, then the stock pulled back a bit then retraced into the CC. The stock then drifted back again to finished the post market session at $10.93. Let take a technical look at the numbers for today's trading.  Above $49.87 with conformation @ $50.00 the stock can make an upside move to $50.44, $50.77, then $50.98` 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 $51.35 then $51.50 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $49.22 with conformation at $48.95 the stock can slide to see $48.52, $48.14, $47.83 then $$$$ and $$$$ (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 Adobe Board of Directors also declared this quarter's cash dividend of $0.0125 per share, payable on October 12, 2004 to stockholders of record as of September 28, 2004. PRE-MARKET UPDATE. ADBE was upgraded at JPM and Piper Jaffray positive on ADBE this morning.
Keep in mind today, Tuesday the 21st– At 8:30 ET,  Housing Starts numbers.  Market moving event.  Consensus: are1.930 million.  Housing Starts measure the number of residential units on which construction is begun each month.  At 9:00 ET The FOMC Meeting Begins.  The Federal Open Market Committee consists of the seven Governors of the Federal Reserve Board and five Federal Reserve Bank presidents. The bottom line is that higher interest rates are bearish for the stock market, while lower interest rates are bullish. 2:15 ET FOMC Announcement.  Market moving event.   

 Globex futures have been trending to the upside across the board from 1:00 am ET.
ADBE: (http://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 WEDNESDAY 09-15-04

ORCL: Tuesday, the stock traded down to closed at ($10.55) off (-.07c). Last night after the close the Co reported their Q1 (Aug) earnings of $0.10 per share, $0.01 better than the consensus of $0.09; revenues rose 6.9% year/year to $2.21 bln vs the $2.23 bln consensus. Co reports Q1 software revs of $563 mln, vs the consensus of $556.3 mln.  On conf call the Co says 'gratified by judge Walker's ruling last week'.  Co is 'commited to the transaction'.  Will be rigorous on financial metrics: GAAP EPS accretion; platform combatibility with co's margins; return on invested capital; and make sure that it does not impair co's L-T balance sheet strength and quality. Co expects Q2 revs in the range of $2.58-2.66 bln (approx 3-7% growth), consensus is $2.66 bln; co does not expect to get positive currency benefits for the remainder of fiscal year. Co expects new software license revs to grow between a range of -2% to +8%; total software revs are expected to grow between 5-10%; best guess new software license revenue growth is at the middle of the range or at 3%. co is 'losing foreign exchange tail winds' in Q2. co is 'comfortable' with the analysts consensus Q2 EPS estimates of $0.13. for N-T co expects a slowly improving economy,  may pause with the U.S. presidential election and Sarbanes Oxley. Co states oil prices and rising interest rates may also have a dampening impact. Co asked about hard prior year Q2 comparisons and global economies: Co believes their has been general purchasing improvement around the world. co's states applications pipeline is better and the strongest it has been around. believes U.S. pipeline is the strongest right now. co believes can still see growth over tough prior year comparisons, states that have some deals that were supposed to close in prior quarter that will slip into this quarter. After-hours activity;  MOM research Admins took notice that some muscle players started slowly buying-up the stock right after the close on high 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 $11.10 right after the news post, then the stock pulled back a bit then retraced into the CC. The stock then drifted back again to finished the post market session at $10.93. Let take a technical look at the numbers for today's trading.  Above $11.00 with conformation @ $11.03 the stock can make an upside move to $11.12, $11.20, then $11.31` 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 $11.42 then $11.50 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $10.90 with conformation at $10.85 the stock can slide to see $10.76, $10.65, $10.54 then $$$$ and $$$$ (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}. Lets sum up the CC, In what is usually the weakest quarter of the year, Oracle surprised all but 5 of its 35 analysts by beating by $0.01 a share, due to better-than-expected database and new software license growth. CFO Harry You said business is decent, the economy is not worsening dramatically, and the co still sees "real growth" ahead. Mgt noted small steady improvement relative to trend, with the end of the qtr having more momentum than in June; co said low-end offerings gained share, Linux gained momentum, and new software license revs were at their highest level in past 10 qtrs. Currency bolstered results, as 7% revs growth had 4 points of forex impact. At constant currency, software license revs were up 3%, license updates up 10%; database up 14; RAC options up 60%. Apps business was much weaker than expected, however, down 36%, or down 11% when taking out year-ago large Russian deal. Guidance going forward of $0.13 EPS (Q2 consensus is $0.13) and revs up in range of 3%-7%, new software license revs in range of minus-2 to positive-8%, has about 1% forex benefit. ORCL expects 40%-plus margins for full fiscal year, moderate revenue growth, continued economic improvement. Co adds it expects apps growth starting again in Q2, due to deals that spilled over from Q1. Co says it will continue to purchase stock well in excess of stock or option grants, and noted buying stock at 7% FCF yield is a good use of shareholders' cash
Keep in mind today, Wednesday the 15th– At 8:30 ET, The NY Empire State numbers we be posted. Consensus are 18.0. At 9 :45  EST Industrial Production numbers we be posted.   Market moving hhhhhhhheconomic report. Consensus are 0.4% (Industrial Production), 77.4% (Capacity Utilization). Industrial Production is improving as order demand and inventory rebuilding improve.

 Globex futures have been trending to the upside across the board from 1:00 am ET.
ORCL: (http://www.oracle.com) Oracle Corporation is an enterprise software company that develops, manufactures, market, distributes and services database software and infrastructure software, including application server, collaborative software and development tools that help its customers manage and grow their businesses and operations. The Company also offers a suite of business applications software. It is organized into two businesses, which are further organized into five operating segments. The software business consists of two operating segments: new software licenses and software license and product support. Oracle's services business consists of three operating segments: consulting, advanced product services and education.
 

 

Chart of the Day for FRIDAY  09-10-04
TTWO: Thursday the stock traded flat for the day in a choppy market to closed at ($32.00) flat (.00). Last night after the close the Co posted earnings and sees Q3 EPS loss of $0.32, $0.02 below consensus est of -$0.30; on revs of $160.9 million, a 5.8% increase YoY, vs consensus of $136.10 mln. Co guides in line for Y04, sees EPS of $1.60 to $1.62, on revs of $1.145 to $1.160 bln, vs consensus of $1.61 and $1.18 bln respectively. 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 $33.85 before pulling back to the 32.50s area. The stock then ran back up to finished the post market session at $32.90. Let take a technical look at the numbers for today's trading.  Above $33.11 with conformation @ $33.34 the stock can make an upside move to $33.61, $33.85 then $34.07 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 $34.29 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $32.75 with conformation at $32.64 the stock can slide to see $32.46, $32.19, $31.99 $$$$ then $$$$ (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 10th At 8:30 ET,  International Trade (Trade Deficit) numbers will be posted. Consensus -$41.6 Bil.  There is the possibility of improvement, which in this case is a lower number or improved Trade Deficit.  Imports reached record levels each month for the past 3 months, and this has implications for the U.S. GDP numbers (it will have a negative effect).  The weaker dollar had been a boost for the Trade Deficit, but high oil prices have offset that benefit.  Now that the U.S. dollar is strengthening again (it appears), but oil prices have been weakening, helping again to cancel each other out.At 8:30 ET, The Producer Price Index (PPI) numbers will be posted. Consensus 0.2%, Core PPI 0.1%.  Higher oil prices should have been offset by lower gasoline and natural gas prices.  Weak pricing power recently has helped alleviate the effects of higher producer prices (they have not been able to pass them down the “pipeline.”)
Globex futures have been trending to the downside across the board from 1:00 am ET.

TTWO: (http://www.techdata.com) Take-Two Interactive Software, Inc. develops interactive software games designed for personal computers (PCs), video game consoles and handheld platforms, and publishes games developed internally and by third parties. The Company also distributes games for video game consoles and handheld platforms published internally and by third parties, as well as hardware and accessories manufactured by third parties. The Company has consolidated its publishing operations into three labels: Rockstar Games, Gathering and Global Star. Rockstar will continue to focus on the creation of premium-priced entertainment. The Gathering label, which has historically focused on PC titles, will publish all mid-priced and non-Rockstar premium-priced products on the PC, console and handheld platforms. Global Star publishes PC, console and handheld titles.

 

 

Chart of the Day for THURSDAY  09-09-04

CMVT: Wednesday the stock traded down for the day and closed at ($17.50) off (-.64c) . Last night, after the close the Co Reported their Q2 (Jul) earnings of $0.07 per share, $0.02 better than the consensus of $0.05; revenues rose 23.9% year/year to $233.43 mln vs the $227.91 mln consensus.  After-hours activity;  MOM research Admins took notice that some muscle players started quickly 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 $18.44.  The stock finished the post market session at $18.35. Let take a technical look at the numbers for today's trading.  Above $18.45 with conformation @ $18.50 the stock can make an upside move to $18.80, $18.98 then $19.10 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, $19.55 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $18.27 with conformation at $18.14 the stock can slide to see $18.06, $17.90, then $$$$ (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 guided their Q3 EPS to $0.07 on revs. $238M, First Call consensus is $0.06/$233.25M. NEWS ALERT THIS MORNING; The Co's Mobile Instant Messaging solution was selected as the platform to support its new mobile instant messaging service with YHOO Messenger.
Keep in mind today, Thursday the 9th  –  At 8:30 ET The Jobless Claims numbers will be posted.  Consensus 345K.  The claims data reflect the improved economy and increased labor demand. The 4-week average is now historically consistent with payroll gains large enough to leave a sustained downward trend in the unemployment rate.  The downward trend in initial claims has flattened in the 335K-340K range -- consistent this stage of the expansion.  Layoffs no longer provide the direction for payrolls as net new hiring has taken the lead.  Improvement in continuing claims also reflects strengthening labor demand as an exhausted term on long term unemployed also provides a modest downward force.  The labor market improvement is clear and consistent with payroll gains in the 150K-200K range going forward. 
Globex futures have been trending to the downside across the board from 1:00 am ET.

CMVT: (http://www.cmvt.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 09-07-04

CYMI: Tuesday, the stock traded up to closed at ($25.49) plus (+.05c). Last night after the close the Co expects Q3 revs to increase in the middle of the 10-15% percent range over Q2 2004 revs of $94.9 mil, roughly $104.4-109.1 mln, vs consensus of $108.14 mln; Co anticipates that gross margin will be in the middle of the range of 47-50%.  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 $27.25 just before the news post, then the stock launched to the upside. The stock then pulled back to finished the post market session at $27.00. Let take a technical look at the numbers for today's trading.  Above $27.20 with conformation @ $27.36 the stock can make an upside move to $27.63, $27.91, then $28.07 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 $28.33 then $28.50 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $26.84 with conformation at $26.72 the stock can slide to see $26.60, $26.30, $25.96 then $$$$ and $$$$ (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, Wednesday the 7th– At 14:30 ET  At 14:00 ET, The Beige Book numbers will be posted. At 15:00 ET, The Consumer Credit numbers will be posted. Consensus $8.0B.  Another small increase in revolving credit (credit cards mostly) is expected near $1 Bil, or 2% year over year.  Credit cards make up 37% of the total credit, which is over $2 trillion currently.  The overall number is now growing by 5%, versus 4% in 2002, and 12% in 2000 (the boom years, stock market bubble, also somewhat of a credit bubble.

 Globex futures have been trending to the downside across the board from 1:00 am ET.
CYMI: (www.ditechcorp.com) Cymer, Inc. is a supplier of excimer light sources, the essential light source for deep ultraviolet (DUV) photolithography systems. DUV photolithography is a key enabling technology that has allowed the semiconductor industry to meet the exacting specifications and manufacturing requirements for volume production of advanced semiconductor chips. Cymer's light source systems are incorporated into step-and-repeat (steppers) and step-and-scan (scanners) photolithography systems for use in the manufacture of semiconductors with critical feature sizes below 0.35 microns. Cymer's products consist of photolithography light source systems, replacement parts and service. Cymer maintains a worldwide service organization that supports its installed base of light sources. As of December 31, 2003, this installed base totaled 2,217 light sources. Cymer's customers include all three manufacturers of DUV photolithography systems: ASM Lithography, Canon and Nikon.

 

 

Chart of the Day for THURSDAY  09-02-04
Wednesday the stock traded up for the day and closed at ($34.16) plus (+.86c) . Last night, after the close the Co said they sees their Q3 EPS of $0.58-0.61 vs consensus of $0.49, reports Aug comps 23.9%, consensus +13.8%.  After-hours activity;  MOM research Admins took notice that some muscle players started quickly 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 $36.50.  The stock finished the post market session at $36.00. Let take a technical look at the numbers for today's trading.  Above $36.30 with conformation @ $36.40 the stock can make an upside move to $36.82, $37.02 then $37.39 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 $37.53, $37.98 with conformation at $$$$ the stock can run to $$$$ then $$$$. Look for a short trigger at $35.90 with conformation at $35.64 the stock can slide to see $35.50, $35.24, then $$$$ (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, it seems to have bucked the slow back-to-school sales trend, The company raised its third-quarter earnings outlook to a per-share range of 56 cents to 58 cents. Previously, American Eagle said it was comfortable with a profit of 47 cents per share.Wall Street analysts on average were expecting the company to post a per-share profit of 49 cents, according to Estimates. American Eagle also said it initiated a cash dividend at an annual rate of 24 cents a share. The first quarterly dividend of 6 cents will be payable on Oct. 8 to shareholders of record on Sept. 24, it said.

Keep in mind today, Thursday the 2nd  –  At 8:30 ET Jobless Claims numbers will be posted.  Consensus are 340K.  New jobless claims rose 10,000 in the week ended August 21 to 343,000; nonetheless, the 4-week moving average dipped to 336,750. According to Labor Department officials, the rise was due primarily to the effects of Hurricane Charley. Claims are expected to drop again after hurricane victims return to work in coming weeks. At 8:30 ET Productivity and Costs numbers will be posted.  Consensus are 2.7% (nonfarm productivity), and 2.1% (unit labor costs).  Nonfarm business productivity was initially estimated to grow at a 2.9 percent rate in the second quarter. A downward revision in GDP growth may lead to a downward revision in productivity growth. Unit labor costs were estimated at a 1.9 percent rate for the second quarter. If productivity is revised down, then unit labor costs will be revised up. At 10:00 ET Factory Orders numbers will be posted. Consensus are 1.1%.  Factory orders increased 0.7 percent in June after posting a smaller 0.4 percent in May. While nondurable goods new orders rose in both months, durable goods orders declined in May. Among key components, new orders for construction materials and information technology posted declines in June. Capital goods orders as well as consumer goods orders rose however. 
Globex futures have been trending to the upside across the board from 1:00 am ET.

AEOS: (http://www.ae.com) American Eagle Outfitters, Inc. is a lifestyle retailer that designs, markets and sells its own brand of relaxed, casual clothing for 15 to 25 year olds, providing merchandise at affordable prices. The Company also distributes merchandise via its e-commerce business, as well as through its catalog. American Eagle Outfitters' collection offers modern basics like jeans, cargo pants and graphic T-shirts, as well as an assortment of accessories, outerwear and footwear under its American Eagle Outfitters and AE brand names. In addition, the Company operates the Bluenotes/Thriftys specialty apparel chain in Canada. The Bluenotes/Thriftys brand targets a slightly younger demography, offering a more urban/suburban, denim-driven collection for 12 to 22 year olds. For the fiscal year ended January 31, 2004 (fiscal 2003), American Eagle Outfitters operated 805 American Eagle Outfitters stores in the United States and Canada, and 110 Bluenotes/Thriftys stores in Canada.