Option Investor
Printer friendly version
Jeff Bailey : 5/19/2006 10:58:37 PM

Closing Internals found at this Link

Jeff Bailey : 5/19/2006 10:58:10 PM

Closing U.S. Market Watch found at this Link

OI Technical Staff : 5/19/2006 9:59:59 PM

The Market Monitor has been archived. You may view it and any previous days here: Link

Disclaimer: Stocks discussed in the Market Monitor are for educational purposes only and any analysis is not meant to imply a recommendation for or against that stock. The analysts in this forum as on any other website are prohibited by the SEC from giving any specific advice to ANY individual trader. All information posted is for ALL readers and is not meant to be directed to any individual. Our analysts cannot answer any email questions regarding any specific stock. Please do not ask and please do not take offense if requests are denied.

Results posted in the Market Monitor are hypothetical and OIN does not claim that any reader achieved these exact results. Due to the lag time between research, writing, posting, uploading, reading and execution there will be differences between the actual signal given and the fill achieved by the reader. Fills may be better or worse but in most cases they will be different. The writers will make every effort to give advance notice of intended signals and indicate potential price targets. Your individual results may vary depending on your activity level and aggressiveness. This forum is intended as an education service only. Trading involves risk and should not be attempted by anyone not ready to accept this risk. By acting on any signal in this forum you agree and personally accept this risk.

Marc Eckelberry : 5/19/2006 9:35:19 PM

Jeff, use Windows Media Encoder. It's free and it works. Link

Jeff Bailey : 5/19/2006 4:37:32 PM

I'm going to shut down again, probably for the rest of the night and see if I can't figure out what is wrong with my screen capture software. If necessary, I'll post closing market watch, today's internals and MM Profiles in this weekend's monitor.

Dollar, Bonds, Health Care and Disk Drive finish with a WEEKLY gain.

Jeff Bailey : 5/19/2006 4:18:43 PM

Valero (VLO) went out at $58.90 -0.27%. This short will be closed at $60.00 on assignment of the previously sold VLO May $60 Put (VLO-QL) for $1.00.

Jeff Bailey : 5/19/2006 4:16:21 PM

YM 11,181 ... not much of a "spike" up from 11,168, but up.

Jeff Bailey : 5/19/2006 4:00:30 PM

YM 11,168

Jeff Bailey : 5/19/2006 3:54:44 PM

VLO $58.94 -0.20% ... 6-minute left until close.

Jane Fox : 5/19/2006 3:45:44 PM

TICKS +1000 and the buyers are arriving.

Jane Fox : 5/19/2006 3:50:04 PM

There are no major economic indicators scheduled for Monday.

Jeff Bailey : 5/19/2006 3:25:34 PM

BIIIIG volume again today at the big board with 2.4 billion already changing hands.

Jeff Bailey : 5/19/2006 3:10:54 PM

NASDAQ NH/NL 26:131 with 5-day NH/NL ratio 23.0 -3.5%. 10-day NH/NL ratio 44.4 -7.3%.

Jeff Bailey : 5/19/2006 3:09:40 PM

NYSE NH/NL 12:109 with 5-day NH/NL ratio 11.12 -0.06%. 10-day NH/NL ratio 36.7% -7.6% and not yet in "oversold" territory.

Jeff Bailey : 5/19/2006 2:51:48 PM


William Gross, managing director of bond fund PIMCO, says he believes the Federal Reserve is looking for a neutral-to-mildly restrictive federal funds rate of around 5% to slow down the economy.

Jeff Bailey : 5/19/2006 2:51:03 PM


Despite the recent rise in prominent inflation indicators, inflation excluding food and energy remains under control, Treasury Secretary John Snow tells bond-market representatives.

Jeff Bailey : 5/19/2006 2:50:30 PM


Stepping up its pursuit of London Stock Exchange Group, Nasdaq Stock Market buys more shares in the U.K. exchange, raising its stake to 25.1%, a level that gives Nasdaq the power to block some corporate actions.

Marc Eckelberry : 5/19/2006 2:42:21 PM

INTC Exit Point Alert
Long 17.65, adjust stop to 17.72, lock in +.07.

Jeff Bailey : 5/19/2006 2:38:40 PM

Looking at my Dow Components ... of the "top 10" all buy CAT and PG show notable UpTick vs. DnTick reads.

Might bring an "up spike" to YM at 04:00.

Jeff Bailey : 5/19/2006 2:32:19 PM

Could see a sharp "spike" in futures after the cash (04:00 PM) close.

Jeff Bailey : 5/19/2006 2:27:19 PM

Didn't realize BGO traded with options

Marc Eckelberry : 5/19/2006 2:18:04 PM

INTC Exit Point Alert
Long 17.65, raise stop to 17.85, lock in +.20.

Marc Eckelberry : 5/19/2006 2:19:57 PM

QQQQ option Exit Point Alert
Long July 39 calls at 1.60, raise stop to 1.20. Market sell to close raise to 40.90 underlying.

Jeff Bailey : 5/19/2006 2:11:34 PM

YM 11,190 ... reclaims DAILY Pivot again. WEEKLY S2 has been resistance since the open.

Jeff Bailey : 5/19/2006 2:08:09 PM

Current OPEN MM Profiles ... VLO $59.22 +0.28%, FTO $54.91 -0.72%, MMM $84.40 +0.29%, NEM $50.88 -0.17%

Jeff Bailey : 5/19/2006 1:57:57 PM

YM stop alert 11,184

Jeff Bailey : 5/19/2006 1:53:06 PM

YM raise stop alert to 11,184

Jeff Bailey : 5/19/2006 1:45:06 PM

YM raise stop alert to 11,168

YM 11,187 here.

Jeff Bailey : 5/19/2006 1:33:44 PM

YM 11,174 ... post-profile high was 11,196

Jane Fox : 5/19/2006 1:32:44 PM


Jane Fox : 5/19/2006 1:30:15 PM

FDA approves Remicade for Crohn's disease in children -

Jeff Bailey : 5/19/2006 1:27:34 PM

YM 11,191 ... all heck could break loose above DAILY R1.

Jeff Bailey : 5/19/2006 1:20:05 PM

YM Long entery alert 11,175 here, stop 11,148, target 11,225

Jeff Bailey : 5/19/2006 1:08:44 PM

Valero (VLO) $59.00 -0.11% ... after a session low of $56.99!

Air pockets all over.

Jeff Bailey : 5/19/2006 1:06:49 PM

It's like we hit an air pocket that lacked sellers.

Jeff Bailey : 5/19/2006 1:04:57 PM

My screen capture software isn't working now, so I can't grab Market Watch/Internals. Suffice to say we've seen some type of "offer pulling" or sellers have lightened up.

Jeff Bailey : 5/19/2006 12:54:12 PM

Swing trade short stopped alert on BGO $4.63

Marc Eckelberry : 5/19/2006 12:45:45 PM

They never ring a bell at the bottom, wich is why you buy value and leg in.

Marc Eckelberry : 5/19/2006 12:44:55 PM

INTC long at 17.65, stop stays at even, hold over as well. Initial target is 18.60.

Jeff Bailey : 5/19/2006 12:44:49 PM

Filled on two (2) of the OEU-AU at $0.85. $0.80 x $0.95.

VXN 22.07 +8.66%.

UTSI $6.50 +4.15% ...

Marc Eckelberry : 5/19/2006 12:44:30 PM

QQQQ July 39 calls now back in the green and the stop held (1.10). Hold this trade over, initial; target remains QQQQ 40.50.

Jeff Bailey : 5/19/2006 12:32:43 PM

Valero Energy (VLO) $57.99 -1.81% ... if pure short and not paired with the May $60 Puts I might suggest a close the short stop if VLO trades $58.25. Or cover on the session's close.

Tab Gilles : 5/19/2006 12:21:39 PM

$NDX, $VXN & $NASI Link Link

Jane Fox : 5/19/2006 12:19:20 PM

Marvell Technology Group Ltd., (MRVL) up $4.45 at $54.16 Two brokers upgraded the chipmaker to "buy" following its better-than-expected sales and earnings last quarter.

Martek Biosciences Corp., (MATK) up $2.46 at $24.40 The maker of nutritional oils said it signed a 10-year supply deal with Mead Johnson Nutritionals, the nation's biggest producer of infant formula.

SafeNet Inc., (SFNT) down $3.76 at $15.45 The maker of information security products said it received a federal subpoena and is being investigated by the Securities and Exchange Commission over stock-option grants.

Jeff Bailey : 5/19/2006 12:18:52 PM

Bullish call exit alert ... for the two (2) UTSI Jan $7.50 Calls (OEU-AU) at the bid of $0.80.

Jane Fox : 5/19/2006 12:17:20 PM

Spartech Corp., (SEH) up $1.61 at $22.66 KeyBanc Capital Markets analysts lifted the plastics and compound material maker to "buy," citing improved profitability in its plastics business.

Omnicare Inc., (OCR) down $3.80 at $51.21; UnitedHealth Group Inc., down 75 cents at $44.55 Pharmaceutical firm Omnicare sued UnitedHealth over contract negotiations for Medicare prescription drug plans.

Horizon Lines Inc., (HRZ) down $1.05 at $13.75 The provider of shipping and logistics services said stockholders plan to sell 5.75 million common shares.

Jeff Bailey : 5/19/2006 12:17:18 PM

UTStarcom (UTSI) $6.39 +2.24% ... Yesterday, company filed SEC form 8-K, Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard.

Jane Fox : 5/19/2006 11:57:43 AM

Foot Locker (FL) tops NYSE % gainers list on buyout report

Jeff Bailey : 5/19/2006 11:51:41 AM

If day trader short, stop could go $4.58, target of $4.37

Jeff Bailey : 5/19/2006 11:50:04 AM

Correction ... Bema Gold (BGO) $4.51 -4.84% is a swing trade short.

Jane Fox : 5/19/2006 11:48:07 AM


Tab Gilles : 5/19/2006 11:26:22 AM

Dow Jones US Oil & Gas Index ($DJUSEN) Hitting 200 ma and ema. Link

One way to play this is with Profund ENPIX leveraged 150% to DJUSEN. Link

Jeff Bailey : 5/19/2006 11:20:46 AM

Cancel/replace alert ... cancel prior order for the MNZ-EQ and replace with a sell to close order of $0.10.

MMM $84.08 -0.07% ...

Jane Fox : 5/19/2006 11:16:47 AM


Jeff Bailey : 5/19/2006 11:10:14 AM

Day trade short alert 1/2 position of Bema Gold (BGO) $4.49 -5.47% here, stop $4.63, target $4.14.

Jeff Bailey : 5/19/2006 11:03:48 AM

11:00 Market Watch found at this Link

Jeff Bailey : 5/19/2006 10:42:08 AM

Metals ... precious and industrials really getting hit lower today. Copper is limit down.

Jeff Bailey : 5/19/2006 10:17:22 AM

I need to shut down for about 15-minutes. Having computer/connection problems this morning.

Jeff Bailey : 5/19/2006 10:11:48 AM

Place order alert ... Let's place a sell to close five (5) of the MMM May $85 Calls (MNZ-EQ) for $0.15.

MMM $84.47 with MNZ-EQ $0.05 x $0.15

Jeff Bailey : 5/19/2006 10:03:22 AM

10:00 Market Watch found at this Link

Jane Fox : 5/19/2006 9:58:07 AM


Jane Fox : 5/19/2006 9:58:19 AM


Marc Eckelberry : 5/19/2006 9:51:00 AM

DELL pretty much saw the high when it hit 25, I think. Lots of the short covering and hedging form sold puts took place after-hours as well.

Marc Eckelberry : 5/19/2006 9:55:46 AM

AMD was also a good short after-hours on that ridiculous bounce to 36.50. Patently absurd when it is only a few high end server chips and only at year's end. By then, the new INTC server chips will be out. Besides, AMD is getting hurt on the price wars from INTC excess inventory. And the stock is way overpriced.

Marc Eckelberry : 5/19/2006 9:45:38 AM

INTC 18.15, trade is up 3%. I would ride it up to 18.60.

Marc Eckelberry : 5/19/2006 9:43:36 AM

Stock is trading at 18 now. The after-hours reaction yesteday was way overblown, especialy considering the AMD deal was pretty much old news. Sometimes it pays to step in on panic sales after-hours when a stock has already priced in any bad news. Trade is now free.

Marc Eckelberry : 5/19/2006 9:41:23 AM

INTC Exit Point Alert
Long 17.65, move stop up to even.

Jane Fox : 5/19/2006 9:38:26 AM


Jane Fox : 5/19/2006 9:38:06 AM


Market Monitor Archives