| Weekend Report |
| January 23, 2005 |
Hi Everyone: Well, we are off to our worst start in many years. The Naz 200 dma is 1976. Personally, I think we just might test that level. The DJ Composite saw 10 up and 55 down this week. For the year, the Dow Jones industrial average is down 3.62 percent, the S&P 500 is off 3.63 percent, the Nasdaq is down 6.49 percent, SP SC 600 -5.2%, NYSE -3.5%, SP 400 -4.4%, Naz 100 -7.2% Rus 2000 -6.3% and the AMEX is off 1.3%. This past week was very defensive as precious metals and food sectors led the way up 2 to 2 .5%. Y-T-D the top sector is Real Estate Holdings/Development up almost 5%. I added a couple of new charts today. Please click the Charts and Graphs page over to the left in the Table of Contents. The stocks listed below are not recommendations. They are simply securities that meet particular criteria. If you find any of interest, you should do your own research. Cup w/ Handles BEAV BONT BIO CKR SORC CPRT SMMX STD ITRI AWRE OPTN Flat Bases/Low Volume CKR CVNS STAN STA LMS DAR GOT GDT AFL 50 dma moves upward through 200 dma YRK GXP VVTV IQBX MUSE CBB WZEN TMG CCBL NYNY PRTR RSI(14) moves upward through 30 AU STSI HDTV PFGC CDL ADLR CAMD RSI(14) moved upward through 50 AND an MACD crossover PPG KRON RS SCHN EXAS Generally bullish short term technicals SMRT CAG Friday's new highs, closed up on at least 2x ADV CLF RTP ELK CVAL CPI CVC PTZ CKFR PRKR RIO RESP EZPW HOLX NWLIA IPR WWY MNTG DTG USAP AIZ AEPI MIPS APH RDC GRU INGR LCBM PRXL NWI SNF LOJN VYM IUSA MGB DEZ VNWK DXYN HSTM CNR WYPT SABA EDAP KEF BKN DLI Here are Recent IPO's (past year) that are in the Top 5% of my RS database ELOS NRPH WLK ANGO GRU SNDA MCHX INCX CTRX ECST WCG ATLS COGT VLLY PSPT WPTE CHCI CBG KBAY HOS RNOW Sectors/Groups Rather than sit here and type all this, I’m just going to give you some sites so those who are interested can check them if they want to. Top Sectors on Friday Worst Sectors on Friday …If you have Dow Jones News you can see these every hour on the hour until the market closes. Top Groups on Friday Worst Groups on Friday …You can view these at http://tal.marketgauge.com/MGHome/PHSReportsIndex.asp Top Indices on Friday Worst Indices on Friday …You can view these at http://americanbulls.com/Indices.asp Top DJ Indices for the week Worst DJ Indices for the week …You can view these at http://cbs.marketwatch.com/tools/industry/default.asp?siteid=mktw&bcind_ind=bc_top&bcind_period=1wk You can change the timeframe if you wish. Site Watch Did you know that Stckcharts.com offers a FREE bi-weekly newsletter? You can either sign up on their homepage…scroll down…or you can simply read them by going here http://stockcharts.com/commentary/archives A certain newspaper, which I won’t mention by name, publishes a weekly 100 list…If you follow it you may want to check out this site which is updated weekly http://www.istarquest.com FREE subscription to SFO magazine…stands for Stocks, Futures and Options. Just click “Subscribe” over to the left http://www.sfomag.com I am thinking of setting up a link trade page here. If you have a website and would like to trade links please drop me an email at the address below…Thanks. And don't forget to check out the new listings at FinancialLinksOnline.com This 'N That Eye On Stocks For Monday, Jan. 24 http://www.forbes.com/2005/01/21/cx_pk_0121eyeonstocks.html Three Stocks You Need To Know About For Monday http://biz.yahoo.com//tm/050121/12321_1.html Wall St. Braces for Earnings, Data Avalanche http://trimurl.com/UG Korean online-gaming firm files for U.S. IPO http://trimurl.com/UF Amgen Profits From Stem Cell IPO http://www.forbes.com/home/markets/2005/01/21/0121automarketscan09.html OPEC sees steady build in stocks http://money.cnn.com/2005/01/21/news/international/opec.reut/index.htm Internet commerce boom http://www.msnbc.msn.com/id/6856749/site/newsweek And an EPS calendar http://www.rightline.net/calendar/index.html Nasdaq announces Short Interest Dates for 2005: Month - Dissemination Date - Publication Date JANUARY 01/26/05 01/27/05 FEBRUARY 02/25/05 02/28/05 MARCH 03/24/05 03/28/05 APRIL 04/26/05 04/27/05 MAY 05/24/05 05/25/05 JUNE 06/24/05 06/27/05 JULY 07/26/05 07/27/05 AUGUST 08/24/05 08/25/05 SEPTEMBER 09/26/05 09/27/05 OCTOBER 10/25/05 10/26/05 NOVEMBER 11/25/05 11/28/05 DECEMBER 12/27/05 12/28/05 That’s it for now…be careful this week!!! Best, Doug (IIC) |
| Los Angeles | CA | 90034 |