30/4 Analysis

AAPL
- Approaching Wave B (it's trying to go up, though)
-Major trend still going up, wait for red sea crossing.

AEM
- Seems to be after B going to C (trending down)
-still not confirm C but Fish is tapering. But today's candle at 1124 hrs is holding above y'day's close by +1.9%

ANF
- Seems to be trading (non-trending) (34 EMA looks sideways on long term)
-potential TT but rest of indicators still uptrend.

AXP
- 34EMA flat now. Could not wave count.
-quite a number of doji the past few days.
-no clear trend yet.

BIDU
- 34EMA in uptrend.
-Fish and Elliott at extremes. wait for red LSMA.

C
- trending up. wait for u-turn signal.
-

CAT
- Seems to be still in a new Wave 1 uptrend. However, recent actions has signs of red sea crossing - watch.
-Fish already turning and divergence on Fish.
-Consider S/85 calls

CF
- red sea crossing over? Seems to be turning around from Wave 4 going to 5 - however, trend peaks failing retracement value . Play ZLR.
-IFT turning down but 34EMA providing good support
-Consider S/160Calls.

CLF
- seems to be very toppish and end of a Wave 3. See how it goes.
-S/170C

DRYS
- seems to be wave 1 of new trend. However, top is not fuly reocevered. wait for Fish.
-turning since last comment.
-S/90C


FCX
- near Trend 3 and turning?
-Ell and Fish turned, most indicators bearish.
-S/120C


FDG
- signs look pretty bearish but this stock has a tendency to reject 34EMA and coal is bullish at the moment. Looks like at Wave 3 peak.

ISRG
- can't tell the wave count but could possible wait for a countertrend trade on cci or a u-turing on IFT.
-IFT turned slightly but Fish and Ell turning. Green LSMA appeared.
-B/300C or S/270P

MER

- uptrend - going towards establishing Wave 1

MON
- seems like at Wave 5 but don't be too happy 'cos grain in high demand currently.
-See if TT happens then trade



MOS
- 140 is the highest high ever achieved. Almost a Wave 5 count. But if it continues to build new highs, then it is just an extension of Wave 3.
-wait for reversal to upside.

MTL
- Either Wave 5 or extension of Wave 3.
-Divergence on MACD but 34EMA providing some pause - doji.
-B/135P or S/160C

POT
- Could be at Wave 3. Anyway, this stock has very good potential.
-Same as MTL.
-S/200C or 210C or B/170P

RIMM
- Almost in trading markets. could trend higher.
-S/115P

SHLD
- almost at bottom of chart.
-IFT cross -0.5 so bullish.
-B/105C & S/95P

30/4 CCI

Buy
M: AAPL,BIDU,CAT,FCX,RIMM
W: ANF
D: BIDU

Sell
M: (Nil)
W: CAT
D: CF,CLF,DRYS,FDG,MTL,POT

30/4 Pre-Open

DJIA

-Don't like the Fisher and MACD potential turning - could spell some profit taking in front.



NASDAQ

-Fisher almost tapering. Monitor.



Russell

-Has divergence on MACD. If results no good, then potential profit taking ahead.

30/4 News

1. GDP was 0.6% vs consensus of 0.5%
-expectation is the $168Billion pumped into economy will bring GDP to 1-2% next qtr.
2. Citibank to raise $4.5Billion via stock sale at 4% discount.

30/4 Prayer

Lord, My prayer goes for Mike of planetshakers that even as Your word says "Nothing is impossible with you", so, do as Your word says - "It is done."

My prayer also goes for Pam - that as Your word says "No good thing will You withhold, from those who walk uprightly." So, Your blessing on her will be rich, like the chocolate cake she always share with Sammi.

Amen.

30/4 Meditation

Psalm 103

Of David

Praise the Lord, O my soul;
all my inmost being, praise his holy name.

Praise the Lord, O my soul,
and forget not all his benefits -

who forgives all your sins
and heals all your diseases,

who redeems your life from the pit
and crowns you with love and compassion

who satifies your desires with good things
so that your youth is renewed like the eagle's.

The Lord works righteousness
and justice for all the oppressed.

He made known his ways to Moses,
his deeds to the people of Israel:

The Lord is compassionate and gracious,
slow to anger, abounding in love.

He will not always accuse,
nor will he harbor his anger forever;

he does not treat us as our sins deserve
or repay us according to our iniquities.

For as high as the heavens are above the earth,
so great is his love for those who fear him;

as far as the east is from the west,
so far has he removed our transgressions from us.

As a father has compassion on his children,
so the Lord has compassion on those who fear him;

for he knows how we are formed,
he remembers that we are dust.

As for man, his days are like grass,
he flourished like a flower of the field;

the wind blows over it and it is gone,
and it's place remembers it no more.

But from everlasting to everlasting
the Lord's love is with those who fear him,
and his righteousness with their children's children-

with those who keep his covenant
and remember to obey his precepts.

The Lord has established his throne in heaven,
and his kingdom rules over all.

Praise the Lord, you his angels,
you mightly ones who do his bidding,
who obey his word.

Praise the Lord, all his heavenly hosts,
you his servants who do his will.

Praise the Lord, all his works
everywhere in his dominion.
Praise the Lord, O my soul.

29/4 Monitor

MTL,FCX,CLF, ISRGfor tomorrow.

ISRG - B/300C or S/270P

29/4 Analysis

AEM
-34EMA slight downturn
-wait for bullish signals

FCX
-all indicator showing bearish signal even though scanner shows buy.
-Monitor

ISRG
-healthcare in vogue?
-turbo cci is up, FISHand Elliott Osc turning.
-S/270P or 280P

MON
-most indicators pointing south

MOS
-same as Mon, most indicators pointing south

MTL
-all indicators turning south
-S/165C

POT
-all indicators turning south
-actually 4 days ago, there was a engulfing candle

29/4 News

1. US retail sales up 0.9% over previous week. 1.9% YOY.
2. Foreclosure increase by 23% QoQ.
3. BNI beat by 0.08 - warren buffett must be making $$$.
4. MA strong beat by 0.59 !

29/4 cci

Buy
M: AAPL,BIDU,FCX
W: AXP,DRYS
D: FCX,FDG,MTL,RIMM,SHLD

Sell
M: (None)
W: AEM,SHLD
D: BIDU,MON,MOS,POT

29/4 Pre-Open

Indices
DJIA
-red candle y'day.
-today most likely down day - profitaking b4 FED?
-Fish, IFT turning.

NASDAQ
-shooting star appeared
-momentum slight drop

Russell
-cci turning down but rest of indicators still uptrend mode.

29/4 MSFT vs YHOO

So, the verdict? How serious is MSFT in acquiring YHOO? Does YHOO merit a higher price?

29/4 Visa's result

Visa beats by $0.07, beats on revs; guides for FY08 (75.63 ) : Reports Q2 (Mar) earnings of $0.52 per share, $0.07 better than the First Call consensus of $0.45; revenues rose 22.0% year/year to $1.45 bln vs the $1.43 bln consensus. V sees rev growth of 11-15% over next 3 yrs. For FY08 guidance calulates out to roughly $5.76-6.0 bln, may not compare to the $6.13 bln consensus. Co seees annual adjusted operating margin (adjusted earnings before interest and taxes) in the low 40% range; annual adjusted diluted class A common earnings per share growth of 20% or greater; annual free cash flow (cash flow from operations plus cash reimbursements from litigation escrow less capital spending) in excess of $1 billion.

28/4 Trades

Win: Russell
Lost: YHOO & AAPL, ER2

Joseph - ?

28/4 Analysis

AAPL
-widening Bollinger.
-generally still bullish. Trade in direction of trend.

AEM
-2 successive days of green candles and Friday's candle engulfed Thursday.
-S/60PUTS.

BIDU
-Watch !
-red candle at 10:36. LSMA red and Fish at high (not turning yet). Elliott oscillator also at high.
-S/380 calls.

CF
-shorterm downtrend. AT10:50, evening start candle.
-Fish, IFT, Elliott and MACD all turning
-B/135C or S/160P

FCX
-ZLR mode but Fish is trending down.
-see if it breaks LSMA today.

FDG
-Bollinger band narrowing but EMA still rising.
-trade only in direction of trend. Keltner band is providing support.

ISRG
-candle hit low keltner band
-may rise as a number of indicators are showing u-turning effect.
-consider S/270P

MON
-might go down as a number of indiators are showing downtrend.
-S/130C or B/120P

MOS
-like MON
-S/140C or B/120P

MTL
-ZLR ! But Fish is turining and rest of indicators are changing.
-S/160C

POT
-almost all indicators are turning down.
-Support at 190 followed by 34EMA at 180
-S/215C

SHLD
-See if candle hits Sell SAR.

28/4 cci

Buy
-D: POT, AEM,CLF,MON
-W: AXP,C,DRYS
-M: AAPL,BIDU,FCX

Sell
-D: RIMM
-W: AEM,SHLD
-M: (NILL)

28/4 Pre-Open News

Major News:
1. Walkouts in Nigeria and UK casuing 2.5% of world oil output disruption.
2. FCN's executive payout a concern.
3. BEAV and PCP are good plays during airline bull year. With 787, Cramer says coming.
4. Wrigley bought for $23 Billion by Warren Buffet + Mars.
5. Warren says we're in a recession if GDP<1% on a per capita basis.

28/4 Pre-Open

Indices
DJIA
-cci at extreme. Fish/IFT also extreme reading.
-Ell Osc however has short term turning down.

Nasdaq
-same as DJIA.
-however, today, seems to be lower opening.

Russell
-seems to be lower opening today.
-Red sea crossing.

26/4 Wave count

Only an exercise:

AAPL - Approaching Wave B (it's trying to go up, though)

AEM- Seems to be after B going to C (trending down)

ANF- Seems to be trading (non-trending) (34 EMA looks sideways on long term)

AXP - 34EMA flat now. Could not wave count.

BIDU - 34EMA in uptrend.

C - trending up. wait for u-turn signal.

CAT - Seems to be still in a new Wave 1 uptrend. However, recent actions has signs of red sea crossing - watch.

CF - red sea crossing over? Seems to be turning around from Wave 4 going to 5 - however, trend peaks failing retracement value . Play ZLR.

CLF - seems to be very toppish and end of a Wave 3. See how it goes.

DRYS - seems to be wave 1 of new trend. However, top is not fuly reocevered. wait for Fish.

FCX - near Trend 3 and turning?

FDG - signs look pretty bearish but this stock has a tendency to reject 34EMA and coal is bullish at the moment. Looks like at Wave 3 peak.

ISRG - can't tell the wave count but could possible wait for a countertrend trade on cci or a u-turing on IFT.

MER - uptrend - going towards establishing Wave 1

MON - seems like at Wave 5 but don't be too happy 'cos grain in high demand currently.

MOS - 140 is the highest high ever achieved. Almost a Wave 5 count. But if it continues to build new highs, then it is just an extension of Wave 3.

MTL - Either Wave 5 or extension of Wave 3.

POT - Could be at Wave 3. Anyway, this stock has very good potential.

RIMM - Almost in trading markets. could trend higher.

SHLD - almost at buttyon of chart.

26/4 Trading and trending markets

From John Murphy's "introduction to technical indicators and oscillators":
Because leading indicators generate more signals, they are best used in TRADING markets. These indicators can be used in TRENDING markets, but usually with the MAJOR TREND, not against it.

In a market that is trending up, the best use is to help identify oversold conditions for buying opportunities and vice versa.

26/4 Important week ahead

In brief,
1. Earnings reports from over 100 S&P 500 members
2. FOMC meeting
3. Influential economic data that includes the advanced read for Q1 GDP, personal income and spending, the ISM Index and the April employment report.

25/4 Trades

Win: RIMM
Lost: AAPL

25/4 Analysis

AAPL
-180/200 calls will be active.

AEM
-wait for u-turn signals

ANF
-IFT already turn.
-Consider 75 calls or 70 puts.

CF
-IFT turning and cci dropping.
-130 calls

FCX
-red sea crossing with red LSMA
-FISH & Ell crossing & cci turning down.

ISRG
-range trading & cci reducing.
-MONITOR !!!

MTL
-turning down - cci, FISH, IFT, Elliott.
-MONITOR !!!

25/4 Analysis of cci

AIG - no trend form
BNI - ZLR uptrend
CSX - ZLR up
LEH - could not see
MER - no trend yet.
RIMM - red sea crossing? opening at midpoint. 34EMA uptrend.
- support at 121 trendline.
CLF - red sea crossing. however, still 34EMA uptrend but Fish and Elliott turning. W/Options at 165.
DE- red sea crossing. Fish and Ell turning.
DRYS - wait for red LSMA.
X - seeing selling pressure for 3 days. Fish and Elliott turning.

25/4 cci

Buy: AIG,BNI,CSX,LEH,MER,RIMM
SELL: CLF,DE,DRYS,X

25/4 Pre-Open

DJIA

-Most of the indicators are on uptrend except Elliott.

-One more thing - 13000 is in sight. Important Resistance.

-Suppport seems to be at 12700.

NASDAQ

-downward pointing cci - sign of waning momentum ?

-it might do red sea crossing if red LSMA appear.

Russell

-range bound between 700 and 720.

-cci is turning down however, but if reject, it should go up fast.

-IFT RSI also testify - hovering +0.5

-monitor

Major News

1. Microsoft hold tough Yahoo stance. Anyway, one more day.

2. Merill Lynch yields drop - signs of people becoming less risk-averse?

3. Dollar Hits 1 month high against major currencies

24/4 Floor talk

Rally in the dollar leading to weakness in commodity related sectors

The dollar's ascent that began on a short covering rally/profit taking combined with outright euro selling overnight has sent the dollar to fresh gains on the week and a retracement of nearly 200 points on the euro's record runup (currently at $1.5703/euro). Strong durable goods orders this morning also helped, but the weaker than expected New Home Sales data has slowed the pace of the dollar gains... The increase in the dollar is having an impact on the dollar sensitive commodity sectors this morning, with a notable reaction taking place in the ag space. The ag space has benefited primarily from high prices, with the weaker dollar fueling exports. The group has shown leadership recently, but is seeing a second day of profit taking taking today, with MOS -6.2%, POT -4.5% (also reported earnings), CF -7.5%, TRA -4.5% (reported earnings), MON -4.2%, AGU -4.0%... Other sensitive sectors such as steel (SLX -3.2%), gold (GDX -2.7%, GLD -1.7%), Silver (SLV -2.0%), oil (XLE -2.3%, OIH -2.5%, USO -0.6%) are weaker as well.

24/4 Results

Win: MON 120 Put
Lost: AAPL 140 Put

24/4 Analysis

AEM
-Strong downtrend.
-play rebounce.

ANF
-IFT punching through -0.5 and GREEN LSMA came out on cci.
-Monitor

CAT
-3 bearish candles see if today go below red LSMA
-Monitor

CF
-Red sea crossing. Fish is turning and red LSMA appeared.
-Sell 160 calls or buy 140 puts.

CLF
-Monitor and see if downward
-strong stock espeically in last one month.

DRYS
-Seems to be exhaustion.
-Monitor

FCX
-Bearish engulfing
-Monitor

FDG
-Bearish candlesticks.
-Monitor

MER
-Bearish candlesticks,
-May find support at 34EMA.

MON
-Signs of retracement.
-Fish is turning and red LSMA.

MOS
-same as MON

MTL
-Bearish engulfing
-MONITOR

POT
-Bearish engulfing
-MONITOR
-188 will be 38% retracement.
-just announced beat by 0.20

24/4 CCI

Buy:BDX, GRMN,WMT
Sell: BIDU,BUCY,FCX,FSLR,MON,MOS,PCU,POT,STLD

Note: The previous 3 days cci data are wrong.

24/4 Pre-Open

Major Indices
DJIA
-cci still at 93 (close to minor resistance)
-waiting for red LSMA to happen

NASDAQ
-cci @ 118 - mainly due to apple?

Russell
-cci at slight ZLR uptrend.

Major News:
1. Starbucks cautious outlook.
2. Apple beat by Macs by iPod only 1% growth
3. Motorola loss widens due to phone
4. Credit Suisse writes down 5B and Barclay warns

23/4 Analysis

AAPL
-uptrend posture
-earnings tonite.

AEM
-Red sea crossing !!!!
-Fish able to identify turning.
-IFT RSI triggered, now at 0. If pattern correct, wait for TT on cci or U-turn on IFT RSI.

ANF
-ZLR to south + downward slopping 34EMA
-may go down further.
-From briefing: Abercrombie initiated with a Sell at BWS Financial; tgt $50 (74.06 ) : BWS Financial initiates ANF with a Sell and price target of $50 saying the invincible strength of teenager's disposable income seems to have a crack in its armor. Firm says the softer economic trends put the Company at risk for lower sales in the coming quarters. ANF targets are mostly dependent on their parent's nondiscretionary funds to receive disposable income to be able to buy at ANF.
-need today's candle to close above half of y'day's candle in order to confirm reversal, otherwise, it might go south.

BIDU
-wait for signal - cci already turning
-fundamentally, it is still strong b'cos of china story and also GOOG's results.

C
-wait for red LSMA for red sea crossing but the range is not big.

CAT
-3 successive red candles for day for monthly cci still in ZLR !
-34EMA still uptrend so trade when ZLR since CAT still fundamentally good stock.

CF
-Earnings Apr 24 AMC
-Can look to enter tomorrow since fetilizer company doing well.

CLF
-Fish at extreme
-see if u-turn

DRYS
-seems to be shooting (down) star - exhaustion?
-resistance at 87
-34EMA is turning up finally.
-is valentine's day pattern going to repeat?

FDG
-Sell SAR signal appeared, all signals pointing south at the top.
-Crude oil inventories build just came out:
-From Briefing:Dept of Energy reports that crude oil inventories had a build of 2421K (Bloomberg consensus is a build of 1500K); gasoline inventories had a draw of 3179K (Bloomberg consensus is a draw of 2000K); distillate inventories had a draw of 1377K (Bloomberg consensus is a draw of 50K).
-May 60 Puts or 65 calls.

ISRG
-IFT RSI reach oversold but cci lessening downward momentum.
-wait for u-turn signal -better not to pre-empt

MON
-long red tail candle
-seems that AG stock retracement - will check 60 mins later to get Support and Resistance.

MOS
-same as MOS
-detail analysis later.

MTL
-bearish engulfing candlesticks
-red LSMA appeared, FISH also turning down while stock at high.
-MONITOR!

RIMM
-seems to want red sea crossing but green candle today.
-I think they waiting to see AAPL performance.
-quite a fair bit of PUTS sales at 110

SHLD
-34EMA sloping down but green candle today - see if it breaks through more than half for bullish stance.
-short ratio at 11 so if it recovers, it will rise....hmmmm......

23/4 CCI

Buy: AXP,X
Sell: ABX,FCX,FSLR,MOS

23/4 Pre-open

Indices
-Major indices in ZLR posture to uptrend.
-60 mins bars in Wave 5 mode.

News:
1. YHOO beat but analyst says MSFT won't increase price of bid.
2. Boeing earnings jump due to aircraft orders
3. The street says Fed might not cut rates due to inflation and crude oil price.

22/4 CCI

Buy: AXP,X
Sell: ABX,FCX,FSLR,MOS

22/4 Pre-Open

Major Indices:
-cci coming down - almost exit point if below 100
-however, 34EMA is slight uptrend - hence, still uptrend

Major News:
1. MCD beat by 0.11
2. T in-line
3. TXN gave in-line forecast but have higher inventory levels.
4. Home Sales fell 2%, inventory increase

Interesting:
1. CPO beat - what they do btw?

Win

Sold 1 May 30C SNDK at $20 profit.

God is good !

April 21

Pre-opening
Indices still maintaining TT. IFT/RSI puching thru +0.5.
Need to punch thru 12966. Now, assumption is on new Wave 1 since new multi-months high made.

Major News:
1. Bellweather MRK reported 3 cents ahead.
2. Google's explosive growth to watch.
3. Bank of England pump $100billion to boost liquidity.

Pre-analysis for 21 - 25 April

AAPL
-Rejecting upward slopping 34 EMA & on top of Bollinger band
-S/May150P or B/165C or 170C(61.8%)

AEM
-Aiming for upward slopping 34EMA with Red candle gapped down from 17 April - potential RED SEA crossing.
-S/M75C or B/70P

ANF
-Aiming for downward slopping 34EMA with long green. 75 is the support/resistance line that always alternate till now.
-21/4 - see if it ZLR with enough cci points. if yes, S/75C.


AXP
-Decending triangle. Need to take out 48/50 to see if new trend.
-Otherwise, Last price above sideways 34EMA.
-B/45 - 50 C or S/42.5P

BIDU
-Seems to me it's trying to create Wave 1 of new trend.
-Rejecting upward slopping 34EMA.
-S/280P or B/400C

C
-Sideways 34EMA. Candle rejecting 34EMA but Red candle does not augement well. Narrowly traded by since red candle out of keltner band, it is most likely to go back red Keltner band.
-21/4 another red candle today? monitor

CAT
-upward slopping 34EMA. Closing candle stuck on Bollinger.
-New trend form by rising triangles.
-S/75 or 72.5C.
-21/4 Doji today.

CF
-Above 34EMA. Prepare for the stock to U-turn b4 going in.
-Fisher is at extreme 2.
-wait fo signal or shooting star.


CLF
-Same as CF.
-21/4 shooting star at 1009hrs.

DRYS
-Gradually upward slopping 34EMA.
-Rejection of 34EMA also.
-S/65P or B/???
-wait for ZLR to North.

FCX
-upward slopping 34EMA.
-wait for signs.

FDG
-Upward slopping 34EMA.
-AS closing bar happens near top of vein, this will help retracement.
-Observe on Monday - if bearish, then Sell 65 or 70C.
-21/4 Green bar but Fisher turning. Wait for IFT RSI or CCI to show retracement.

ISRG
-34EMA going down. found support at 61.8% and cci at -200 extremes.
-wait for IFT RSI to turn then potential to go in.

MER
-34EMA going sideways.
-21/4 Red candle today. 2 successive candles since Friday.
-buy 45 puts if TT south.

MON
-34EMA upward.
-21/4 RED LSMA today. wait for some retracements. might look to 130 calls.

MOS
-34EMA upwards
-21/4 Fisher turning from extreme. Wait for red LSMA and IFT RSI to u-turn.

MTL
-34EMA upwards.
-21/4 Potential VT/Ghost. Wait for red LSMA or Fish/IFT turn.

POT
-34EMA sharp angle upwards - reacting to china's potash price increase?
-wait for signal even though Fisher turning from extreme.

RIMM
-34EMA upwards. SAR has buy signal but red candle today.
-await breaking of 125 first, then it will be bullish since multimths high.

SHLD
-34EMA sideways.
-However, SHLD striked with negative news lately by withdrawal of credit.
-B/90P or S/105C