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Email Version, Section 2, Wednesday 01-12-2005
PremierInvestor.net Newsletter Wednesday 01-12-2005
section 2 of 2
Copyright (c) 2005, All rights reserved.
Redistribution in any form is strictly prohibited.
The entire newsletter is best viewed in COURIER 10 for alignment
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In section two:
Stop Loss Adjustments: VSEA, PDCO, USB, EP
Active Trader (Non-tech Stocks)
New Bullish plays: BA, RTN
Stock Splits
Announcements: None
Trading Ideas
Value Plays With Bullish Signals
Breakout to Upside (Stocks $5 to $20)
Breakout to Upside (Stocks over $20)
Breakout to Downside (Stocks over $20)
Recently Overbought With Bearish Signals (Stocks over $20)
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Stop Loss Adjustments
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VSEA - tech short -
No surprises here. VSEA rallied sharply after the positive INTC
news. Watch the $32 level for resistance.
PDCO - non-tech long -
PDCO creeps to a new all-time high.
USB - non-tech long -
We were a bit worried when USB traded under the $30.00 level
today but shares rebounded and now it looks like a potential
bullish entry point.
EP - non-tech long -
Be ready. We're still untriggered as we wait for EP to trade
at $10.61 but the stock appears to be coiling for a move higher.
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Active Trader (AT) Non-Tech Stock section
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New Plays
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New Bullish Plays
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Boeing - BA - close: 51.94 change: +1.12 stop: 49.95
Company Description:
With a heritage that mirrors the first 100 years of flight, The
Boeing Company provides products and services to customers in 145
countries. Boeing has been the premier manufacturer of commercial
jetliners for more than 40 years and is a global market leader in
military aircraft, satellites, missile defense, human space flight,
and launch systems and services. Total company revenues for 2003
were $50.5 billion. (source: company website)
Why We Like It:
Recent news that the U.S. and the E.U. plan to back away from a
legal fight over alleged subsidies for Boeing and its European
rival Airbus should be good news for BA. Bulls will be quick to
note that shares have been consolidating near support at the $50
mark and its rising 200-dma. We believe that after a month of
trending lower in December shares of BA look poised to make another
run towards the $55.00-55.50 region. The MACD indicator is nearing
a new buy signal and short-term technicals are already positive.
We want to go long now and target a move to the $55.00 mark. We do
not plan to hold over its early February earnings announcement.
Annotated chart:
Picked on January 12 at $51.94
Gain since picked: + 0.00
Earnings Date 02/02/05 (confirmed)
Average Daily Volume: 3.2 million
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Raytheon Co - RTN - close: 37.25 change: +0.71 stop: 36.25
Company Description:
Raytheon Company, with 2003 sales of $18.1 billion, is an
industry leader in defense and government electronics, space,
information technology, technical services, and business and
special mission aircraft. With headquarters in Waltham, Mass.,
Raytheon employs more than 78,000 people worldwide.
(source: company press release)
Why We Like It:
Defense stocks have been somewhat beat up the last few weeks as
investors worried about cuts in defense spending. Yet it seems the
sell-off was only temporary. The DFI defense index is rebounding
from very consistent technical support at its rising 100-dma. This
has helped RTN form a new short-term bottom above the $36 level and
now shares of the stock are beginning to break higher again. The
MACD indicator is improving and short-term technicals are already
bullish. There is some resistance at $38.00 but we suspect that
RTN could make it to $40.00 by its early February earnings report.
Annotated chart:
Picked on January 12 at $37.25
Gain since picked: + 0.00
Earnings Date 02/03/05 (confirmed)
Average Daily Volume: 1.7 million
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Stock Splits
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Announcements
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Trading Ideas
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This section contains stocks that meet criteria which may make
them of interest to long and short side traders. These are not
recommendations, nor have they been reviewed by PremierInvestor
editors for investment potential. However, each of them has
technical and fundamental characteristics that make them worthy
of further review by traders and investors looking for fresh ideas.
New stocks will appear daily following the market close.
Value Plays With Bullish Signals
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Ticker Company Name Close Change
TOT Total Sa 105.85 +0.77
CVX ChevronTexaco 52.49 +1.09
XOM ExxonMobil 50.59 +0.74
UTX United Technologies 101.94 +1.78
BA Boeing Co 51.94 +1.12
LMT Lockheed Martin 55.80 +0.70
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Breakout to Upside (Stocks $5 to $20)
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BTRX Barrier Therapeutics 19.05 +1.22
GLBC Global Crossing 18.50 +1.46
RATE Bankrate Inc 18.80 +1.72
IIG Imergent Inc 15.70 +1.02
NEOF Neoforma Inc 8.13 +1.16
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Breakout to Upside (Stocks over $20)
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HCA HCA Inc 43.70 +4.02
GENZ Genzyme Corp 59.91 +2.85
TLM Talisman Energy 28.80 +1.72
WAT Waters Corp 48.50 +1.34
PHS Pacificare Health 59.82 +1.27
DBD Diebold Inc 57.04 +1.89
TRI Triad Hospitals 39.84 +2.94
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Breakout to Downside (Stocks over $20)
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UPS United Parcel Service 77.18 -6.12
CME Chicago Merc. Exchnge 207.10 -5.34
ACS Affiliated Computer 56.06 -1.65
NCR NCR Corp 64.73 -2.46
MTG MGIC Investment 66.00 -1.11
TS Tenaris 45.21 -1.08
OMX Officemax Inc 28.88 -1.42
CBL CBL & Associates 67.68 -1.77
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Recently Overbought With Bearish Signals (Stocks over $20)
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CHRW C.H.Robinson Worldwide 53.42 -1.79
SNDA Shanda Interactive 37.21 -3.74
PETC Petco Animal Supplies 37.63 -1.27
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DISCLAIMER
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This newsletter is a publication dedicated to the education
of stock traders. The newsletter is an information service
only. The information provided herein is not to be construed
as an offer to buy or sell securities of any kind. The
newsletter picks are not to be considered a recommendation
of any stock but an information resource to aid the investor
in making an informed decision regarding trading in stocks. It
is possible at this or some subsequent date, the editors and
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presented. All investors should consult a qualified professional
before trading in any security. The information provided has
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