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New Plays
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New Long Plays

None today.
 

New Short Plays

None today.
 

In Play Updates and Reviews

Long Play Updates

Archstone-Smith - ASN - close: 37.26 chg: +0.42 stop: 35.99

A merger in the real estate industry helped fuel a 1.1 percent rise in shares of ASN today. The stock is poised to breakout to new relative highs. Our target remains the $38.50-39.00 range.

Picked on May 06 at $36.26
Change since picked: + 1.00
Earnings Date 04/26/05 (confirmed)
Average Daily Volume: 811 thousand

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Canon - CAJ - close: 54.77 change: +0.33 stop: 52.85

Shares of CAJ manage to creep higher despite a pull back in the Tokyo stock market. We remain bullish on the stock and see no change from our previous update on 06/05/05.

Picked on May 29 at $55.24
Change since picked: - 0.47
Earnings Date 04/27/05 (confirmed)
Average Daily Volume: 157 thousand

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Caremark - CMX - close: 45.65 chg: +1.00 stop: 41.95

CMX continues to flex its relative strength muscles. The stock added another 2.2 percent on a lackluster Monday. While this is a new high we would still watch for a dip.

Picked on May 09 at $43.30
Change since picked: + 2.35
Earnings Date 05/03/05 (confirmed)
Average Daily Volume: 2.6 million

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Greenbrier Co - GBX - close: 29.03 change: -0.12 stop: 25.49

No change from our previous update on 06/05/05.

Picked on June 01 at $28.67
Change since picked: + 0.36
Earnings Date 06/29/05 (unconfirmed)
Average Daily Volume: 227 thousand

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General Electric - GE - close: 36.61 chg: -0.09 stop: 34.95

No change from our previous update on 06/05/05. We are still waiting for a pull back. Our suggestion is to go long the stock on a pull back into the $36.00-35.50 range.

Picked on May xx at $xx.xx <-- see TRIGGER
Change since picked: + 0.00
Earnings Date 07/16/05 (unconfirmed)
Average Daily Volume: 18.7 million


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Georgia Gulf - GGC - close: 34.04 change: -0.29 stop: 30.95

No change from our previous update on 06/05/05. Looks like GGC might dip back toward the $33.00 level before continuing higher. Today's decline was partially fueled by bearish comments from Smith Barney today about GGC's second quarter results. More conservative traders may want to be patient before considering new positions and wait to see where the stock bounces from.

Picked on June 05 at $34.33
Change since picked: - 0.29
Earnings Date 07/28/05 (unconfirmed)
Average Daily Volume: 598 thousand

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Greenhill & Co - GHL - close: 35.75 chg: +0.27 stop: 34.99

No change from our previous update on 06/05/05.

Picked on May 09 at $34.11
Change since picked: + 1.63
Earnings Date 04/21/05 (confirmed)
Average Daily Volume: 70 thousand

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Humana - HUM - close: 38.21 chg: +0.43 stop: 32.95

Yet another new high for HUM. We're encouraged by the stock's relative strength but would still look for a dip before considering new positions. Our target is the $39.75-40.00 range.

Picked on May 09 at $36.33
Change since picked: + 1.88
Earnings Date 05/02/05 (confirmed)
Average Daily Volume: 1.3 million

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Microsoft - MSFT - close: 25.37 chg: -0.06 stop: 24.60

Almost there! MSFT continues to slip lower after Friday's decline under the $25.50 mark. We are suggesting that readers consider new long positions on a pull back into the $25.25-25.00 range. However, we want to remind readers that there's no reason to initiate positions immediately. There is always a risk that MSFT will keep right on dropping. As a reader we'd much rather wait to see where the stock bounces before going long.

Picked on May xx at $xx.xx <-- see TRIGGER
Change since picked: + 0.00
Earnings Date 07/28/05 (unconfirmed)
Average Daily Volume: 70.8 million

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Marvel Enterprises - MVL - close: 21.56 change: -0.54 stop: 20.45

No change from our previous update on 06/05/05. We were looking for a dip toward the $21.50 region and it looks like we got it.

Picked on June 01 at $21.86
Change since picked: + 0.30
Earnings Date 07/28/05 (unconfirmed)
Average Daily Volume: 911 thousand

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Nova Chemicals - NCX - close: 31.44 change: -0.75 stop: 29.99

Today's decline in NCX definitely under performed the broader market and doesn't bode well for the bulls. We continue to suggest caution here and suggest readers sit on the sidelines while we wait to see how deep NCX dips.

Picked on June 01 at $33.03
Change since picked: - 1.59
Earnings Date 07/20/05 (unconfirmed)
Average Daily Volume: 660 thousand

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Ship Fincl Intl - SFL - close: 20.00 change: -0.05 stop: 18.74

No change from our previous update on 06/05/05.

Picked on May 31 at $19.34
Change since picked: + 0.66
Earnings Date 05/31/05 (confirmed)
Average Daily Volume: 344 thousand

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Sirius Satellite Radio - SIRI - cls: 5.89 chg: -0.11 stop: 5.45

No change from our previous update on 06/05/05. In the news SIRI announced that Ford (F) has chosen to extend its exclusive agreement with SIRI through 2011.

Picked on May 22 at $ 5.65
Change since picked: + 0.24
Earnings Date 04/28/05 (confirmed)
Average Daily Volume: 40.0 million

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Yahoo! Inc. - YHOO - close: 38.52 change: +0.60 stop: 35.99

It was another strong day for Internet stocks and YHOO added 1.5 percent putting the stock within half a point of our $39.00 target. In the news YHOO announced plans to waive its fees for people using its U.S. auction website.

Picked on May 18 at $36.05
Change since picked: + 2.47
Earnings Date 04/19/05 (confirmed)
Average Daily Volume: 20.9 million
 

Short Play Updates

Ball Corp - BLL - close: 37.80 chg: +0.25 stop: 38.15

No change from our previous update on 06/05/05.

Picked on May 05 at $38.98
Change since picked: - 1.12
Earnings Date 04/28/05 (confirmed)
Average Daily Volume: 611 thousand
 

Closed Long Plays

None
 

Closed Short Plays

None

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