1. Try clicking on the name of the most recent article in the column on the right. This will remove the "Archives" list.
2. Try right click on the chart itself and open it on a separate window.
I am sorry that I cannot always make the chart small enough to fit neatly on the left column. I want you to be able to see the details I want to point out.
I Hope this helps,
Juan
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I have entered a position on SYK in my Challenge account. Here is the RET analysis on SYK:
Notice the target and time to reach it. Below is the trade confirmation:
The trade is a variation of the one below. Unfortunately, I did not paid just a little more than if I had entered the trade last friday, when the jump occurred. However, I DO have the assurance that today's move confirms the bullish trend.
12 comments:
SGR (31st August 2005 – BULLISH Trade) Juan’s Elliotician projection target UP to a range of $31.00 and $41.00 (possibly as high as $52) between Dec 2005 and Oct 2006.
11th Dec 2005, from the 7th Dec 2005, the high of $31.75, there has been a 23.6% retracement, currently at $29.50. I reckon another entry point for this stock.
GGC (BULLISH Trade) There is a large ‘wedge’, a potentially explosive situation in this Stock. It closed at $29.46 A 161.8% projection is to $38.
A quick look at the weekly chart on SGR
http://stockcharts.com/def/servlet/SC.web?c=sgr,uu[w,a]waclyyay[df][pb10!b40!f][vc60][iUl14!Lp14,3,3]&pref=G
I would be gettin out now. It looks overbough, and due for a correction.
GGC looks as though it has only begun to rally. The next resistance is at 36.44
http://stockcharts.com/def/servlet/SC.web?c=ggc,uu[w,a]waclyyay[df][pb10!b40!f][vc60][iUl14!Lp14,3,3]&pref=G
This is the list of movers for this week. I have not researched for their catalyst. Is anyone willing to give it a go?
OPWV CEPH SGTL CMVT FDG
OPWV
UPDATE 1-Openwave prices public offering at $16.35 per share
Thu Dec 8, 2005 09:40 AM ET
(Adds details, share price)
Dec 8 (Reuters) - Openwave Systems Inc. (OPWV.O: Quote, Profile, Research) on Thursday said it priced a public offering of 15.6 million shares at $16.35 per share.
The communications software company said in a news release it granted the underwriters an option to buy up to an additional 2.34 million shares to cover any overallotments.
Openwave said it expects net proceeds of $241.5 million from the offering without the exercise of the overallotment option, and net proceeds of $277.9 million if the overallotment option is exercised in full.
http://www.investor.reuters.com/StockReports.aspx?ticker=OPWV.O
CEPH
Cephalon settles Teva case
Friday December 9, 11:08 am ET
Cephalon said Friday that it settled its patent-infringement case against generic-drug maker Teva Pharmaceuticals over Cephalon's Provigil anti-sleepiness drug.
Cephalon sued Teva after Teva applied to the FDA in 2003 for permission to make a generic version of Provigil, Cephalon spokesman Robert Grupp said
The agreement allows Teva to start making a generic version of Provigil in October 2011 -- three years before the expiration of Cephalon's patent, Grupp said. If Cephalon gets a pediatric extension for the drug, that date would be pushed back six months.
In exchange, Teva would pay Cephalon royalties on those sales. As part of the agreement, Teva will manufacture Provigil as a Cephalon subcontractor according to Cephalon's specifications. In addition, Cephalon will pay Teva for Teva's intellectual property regarding how it manufactures the active ingredient in Provigil, modafinil.
The case pertained to sales in the U.S. and the United Kingdom and was filed with U.S. District Court for the District of New Jersey and United Kingdom High Court of Justice, Cephalon said.
Financial terms of the settlement were not disclosed.
Provigil is a treatment for excessive sleepiness associated with narcolepsy, shift work sleep disorder or obstructive sleep apnea/hypopnea syndrome.
Cephalon (NASDAQ: CEPH - News) is a Frazer, Pa., biotechnology company.
Based in Israel, Teva (NASDAQ: TEVA - News) has its U.S. headquarters in North Wales, Pa
http://biz.yahoo.com/bizj/051209/1201548.html?.v=1
SGTL
Thomas Wiesel Cuts SigmaTel to Peer Perform from Outperform
Says the semiconductor company faces challenges such as increased competition and weaker-than-expected demand
Thomas Weisel downgraded SigmaTel (SGTL ) to peer perform from outperform, explaining that the semiconductor company faces challenges such as increased competition and weaker-than-expected demand.
http://yahoo.businessweek.com/investor/content/dec2005/pi2005127_0285_pi006.htm
CMVT
Aftermarket Movers: Comverse Tech Jumps
Tuesday December 6, 5:37 pm ET
Comverse Technology Shares Jump Aftermarket on Positive Earnings; Research in Motion Down
NEW YORK (AP) -- Shares of Comverse Technology Inc. jumped in aftermarket electronic trading Tuesday after the supplier of multimedia and billing software to mobile phone companies posted a higher quarterly profit.
Crediting demand for ringtones and other new services, Comverse said its sales rose 22 percent, and net income more than doubled to $38.3 million, or 18 cents per share, from $16 million, or 8 cents, a year ago.
Comverse shares gained 65 cents, or 2.5 percent, after closing at $26.40 on the Nasdaq.
Another heavily traded issue was Research in Motion Ltd., which continued a downward trend that began during the regular session, following a report that it is not in discussions with NTP to end an ongoing legal dispute over the technology that powers its Blackberry handheld devices.
NTP reportedly told Bloomberg no talks to end the Blackberry patent lawsuit have been held since June. Research in Motion is also facing stronger challenges from Palm Inc., whose Treo has been taking some market share from Blackberry.
Research in Motion shares lost 50 cents, after closing down 1.6 percent at $61.95. Palm shares were also down slightly, giving back 7 cents of their regular session gain, after closing at $27.86.
Shares of health insurance company WellPoint Inc. gave up $2.53, or 3.2 percent, after issuing guidance for 2006 that fell short of Wall Street estimates.
WellPoint said it expects to earn $4.51 per share, including 18 cents per share for expensing stock options. Analysts polled by Thomson Financial were expecting earnings of $4.76 per share for 2006.
Dendreon Corp. shares gave up 32 cents, or 6 percent, adding to a 4.8 percent loss during the regular session, when it closed at $5.38 on the Nasdaq. The biotech concern is expected to price a secondary offering of 10 million shares tonight.
Hurco Cos. was among the big gainers in the after-hours session, adding $4.67, or 20.5 percent, above its close of $22.83 on the Nasdaq. The industrial tech company reported net income of $4.9 million, or 77 cents per share, compared with $2.3 million, or 36 cents per share, a year ago. Analysts were expecting earnings of 55 cents per share.
Casey's General Stores Inc. also gained, adding 65 cents, or 2.6 percent, to its closing price of $25 on the Nasdaq. The convenience store operator earned 44 cents per share, double the prior year's 22 cents and well ahead of Wall Street's forecast of 33 cents per share.
http://biz.yahoo.com/ap/051206/aftermarket_movers.html?.v=1
FDG
Coal Producers Tired Out
Friday December 9, 12:47 pm ET
By W.D. Crotty (TMFWD40)
In the past year, we've had companies attribute unhappy results to everything from bad weather to high gas prices. But Fording Canadian Coal Trust (NYSE: FDG - News) has found a new cause for concern: a shortage of tires. The company is reporting that it expects coal supply to be restricted due to a significant global shortage of haulage truck tires, expected to continue into 2007.
A Web search on tire shortages unearths reports from as far back as April that industrial-use tires were in short supply because of the Iraq and Afghanistan wars and explosive growth in China and India.
Just to see what tire manufacturers were doing, I went to Goodyear's (NYSE: GT - News) website and read through its turnaround strategy. I didn't find a word about industrial tires, although Goodyear is reporting strong overall results after years of earnings woes. There are quotes from Goodyear in newspaper stories, however, saying the company is aware of the need and intends to increase production.
The tire shortage may actually be good news for coal producers. Arch Coal's (NYSE: ACI - News) latest quarterly report states that coal consumption appears to be outstripping coal production for the third straight year. That should continue if tire shortages curtail production at producers like Fording. And if the tire shortage does last into 2007, it might keep coal prices elevated as well.
Coal is a business run with long-term supply agreements. Between now and 2008, the vast majority of Arch's existing contracts will expire, resetting to market-based pricing. If coal prices remain at current levels, Arch expects to see significant increases in profits and cash flow.
Investors, encouraged by the opportunity for continuing high coal prices, might want to explore coal company stocks that are far from their 52-week highs, like Massey Energy (NYSE: MEE - News), which is going through a capital restructuring, and troubled Westmoreland Coal (AMEX: WLB - News).
http://biz.yahoo.com/fool/051209/113415042514.html?.v=1
FDG maybe Juan?
Maybe CEPH too?
Both stocks looks good in terms of the news underlying. The impact seems to be at least medium term to long term. Especially like CEPH for a CRC. IV/SV is 0.65. IV is at the lower end of the range.
Pardon me for being ignorant. I realised juan likes to use this IV/SV thing alot and it gotta be < 1 from what i understand. Why can't we just use IV alone? What's the extra effect of uing the IV over SV?
Kok How
Still learning
huat ah!!!
Use PRC and CRC's as directional trades, focusing on Delta. I use these with the Sarmiento System, which is triggered by a spike in volume of 2x normal and in price of >5% (up or down). I sell front month for to take advantage of any volatility skew that might be present, or to moderate the effect of Vega that may increase as a result of the interest in the stock. I don't look at IV/SV in such situations. Perhaps there is something to it, but I have not made any analysis on that.
When selecting high flyer candidates for PCCRC's, I use IV/SV to make sure that I don't pick options with high IV (compared to their statistical volatility). This is because the PCCRC benefits from volatility spikes, at the same time, they suffer if the volatility declines. A low IV/SV ratio assures me that I am not picking the wrong candidate at the wrong time.
Be sure to recognize that these are two trades that I have described in my write ups.
If you do not have the documents that describe my techniques, send me an e-mail to paperprofit1@mac.com and I will send it to you, or anyone that requests them.
I am currently in DELL, PETM and QCOM.
I exited BRCM today at one of its peaks as I had a Dec05 short and a Feb06 long.
I exited IGT and RIMM last week, bot at a profit.
I have learnt to take the profit once it is on the table, so I have become more cautious in allowing the winning trades run.
GGC is still tempting me, but I don't like the spread. It is too wide for my liking.
Juan,
The SNDK trade you paid, $9.85 on, you still have a contingent order of $54.51. By my reckoning you are currently approx. about $1.70 down. (Mid price calculation of $8.15.)
I briefly read you may exit PETM, because it is going sideways, but you (apparently) have not exited SNDK even though it has gone against you, because of the contingent order.
I am just querying your psychology on this? **Smiles** BTW, I am still making the same crazy decisions. **Smiles**
You will be glad to read that I have slowly by hook and by crook got my trading account back over to a $1,000 profit. It has taken some time, but at least I am sleeping. **Smiles**
Juan, The MRVL trade, did you get involved in this? If so what positions did you put on please?
Thinking longer term, then SNDK and MRVL trades are perhaps ready for entry if one has not done so.
I shall watch these two.
Juan,
Lastly, what are your current trading positions and the value in your account. I have been wondering how it has been doing, but have, as I said a few days ago, been busy on other projects.
Best Wishes.
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