• August
• July
• June
• May
• April
• March
• February
• January
• December
• November
• October
• September

MOM welcomes you to join us in our NEW %MindOverMarket.com Private Premier Platinum Voice Forum% with LIVE daily, realtime research, news and trade setups. All spelled out, simply for you. Starting at 8:00am to 6:00pm ET. For more information for the Mind Over Market platinum forum click here---->>>> http://www.mindovermarket.com/mindovermarkets/membership.asp

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 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.