Wednesday, January 9, 2008

Top 25: Ins and Outs

Interesting day for bears and bulls. Is this a dead cat bounce? Is this the turning point?

1. AAPL 179.40 +8.15 (+4.7) | 50-day SMA: 182.76 | 100-day SMA: 166.66
Nice, increased volume on today's Apple rally. MacWorld is five days away.
2. GOOG 653.20 +21.52 (+3.4%) | 50-day SMA: 683.09 | 100-day SMA: 625.59
Nice volume here, too. Google actually traded below its 100-day SMA for a moment today.
3. RIMM 98.55 +2.11 (+2.2%) | 50-day SMA: 111.47 | 100-day SMA: 104.04 | 200-day SMA: 80.96
Long way to go for RIMM. Could not get over 122 after huge earnings and raised guidance. Today's volume was good, though.
4. ISRG 263.64 -8.09 (-3.0%) | 50-day SMA: 311.14 | 100-day SMA: 274.01 | 200-day SMA: 211.41
Hospitals can't afford the DaVinci system now? Looks like they want a discount and Intuitive Surgical is not really in position to say no.
5. NTDOY.PK n/a
6. POT 138.00 +0.09 (+0.1%) | 50-day SMA: 125.07
Fertilizer is in higher demand at a higher price globally than ... robotic surgery?
7. CHL 88.84 +4.45 (+5.2%) | 50-day SMA: 89.05 | 100-day SMA: 82.85 | 200-day SMA: 66.32
Possibly the best bargain that was available in the past week. Still relatively fair of a price.
8. PTR 182.12 +6.82 (+3.9%) | 50-day SMA: 195.16 | 100-day SMA: 186.24 | 200-day SMA: 158.75
Long crude oil? Short crude oil? The undeniable factor is China needs oil. Regardless.
9. FSLR 234.25 +3.75 (+1.6%) | 50-day SMA: 220.53
First Solar dipped below its 50-day SMA today (208). Otherwise, it was never cheap during the Nasdaq's 8-day selloff.
10. MCD 57.47 +0.39 (+0.7%) | 50-day SMA: 58.67 | 100-day SMA: 55.47
Is this the bottom for Mickey D? Will they crush Starbucks as Pete Najarian predicts?

11. STP 71.42 -3.68 (-4.9%) | 50-day SMA: 72.91 | 100-day SMA: 56.32
The market goes up, but Suntech falls below its 50-day SMA on major volume. At least it's heading toward a cheap price. Finally. Was cheaper earlier in the day at 65.76.
12. CMG 118.58 +0.71 (+0.6%) | 50-day SMA: 135.26 | 100-day SMA: 124.75 | 200-day SMA: 102.84
Still cheap, but will the street have confidence in consumer spending power in the face of a possible recession?
13. BIDU 344.10 -1.11 (-0.3%) | 50-day SMA: 367.70 | 100-day SMA: 318.88
Large volume, but basically flat. Baidu longs are happy though. Stock was down to 319.20 today before rallying.
14. FWLT 142.90 -0.59 (-0.4%) | 50-day SMA: 150.26 | 100-day SMA: 139.63
Foster Wheeler down for a fourth day in a row on significant volume. Intra-day low was 133.16.
15. FLS 90.38 -0.07 (-0.1%) | 50-day SMA: 92.48 | 100-day SMA: 83.59
Rising volume for four days in a row, all down days. Flowserve finished up from the intra-day low of 87.16.
16. FMCN 56.13 -0.08 (-0.1%) | 50-day SMA: 56.98 | 100-day SMA: 53.38
China stocks tended to be flat today, but mostly finished near their highs.
17. GS 191.75 +2.25 (+1.2%) | 50-day SMA: 216.57 | 100-day SMA: 210.22 | 200-day SMA: 211.94
Goldman got down to 183.70 today.
18. NKE 61.97 +0.14 (+0.2%) | 50-day SMA: 63.95 | 100-day SMA: 61.11
Nice volume, not much volatility in Nike. Steady.
19. CEO 180.63 +13.66 (+8.2%) | 50-day SMA: 175.35
Buying opportunity has come and gone. Huge volume, gap up ... spells trouble for shorts.
20. VMW 79.89 +5.39 (+7.2%) | 50-day SMA: 91.50 | 100-day SMA: 87.66
So-so volume on today's lift. Still cheap.

21. LULU 34.00 -2.93 (-7.9%) | 50-day SMA: 42.98 | 100-day SMA: 42.14 | 200-day SMA: n/a
Increasing volume in seven consecutive down days for lululemon.
22. MSFT 34.44 +0.99 (+2.9%) | 50-day SMA: 34.74 | 100-day SMA: 32.05
Not cheap. Can Mr. Softee hold its ground here?
23. AMZN 85.22 -2.66 (-3.0%) | 50-day SMA: 87.72 | 100-day SMA: 87.62 | 200-day SMA: 76.11
Amazon got down to 80.24 today. Strange price movement for a company that already said holiday sales were robust. Well off its recent high of 97.
24. EBAY 29.87 -0.14 )-0.4%) | 50-day SMA: 33.16 | 100-day SMA: 35.06 | 200-day SMA: 34.17
Four down sessions in a row. Extremely cheap.
25. LFC 76.40 +3.90 (+5.4%) | 50-day SMA: 82.43 | 100-day SMA: 82.25 | 200-day SMA: 66.91
The stock finally showed some life today, pun intended. Big volume, still cheap (below 100-day SMA).

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