Thoughts....

The Weekend Review and the Index Watch is complete. I realize I'm getting carried away with the number of setups (287 this week) I post, but I try to share everything I like. If anyone knows of another blog / website similar to mine that posts individual stock setups near or at actionable levels, please email me at Tony.Wiltshire@gmail.com. If I'm going to keep doing this, I need to change the format so I'm not wasting my time.

Index Watch for July 27, 2009:

Thoughts....

I'm not finished with the Weekend Review, but I do have the Breakout, ETF and Long setups posted. I'll have the updated Short Setups and the Index Charts up tomorrow afternoon.

Review for Week of July 27, 2009:

Breakout Setups
(Click on Symbol for Annotated Chart)

AMLN Amylin Pharma
BPHX BluePhoenix Solutions
AB Alliance Bernstein
ANR Alpha Natural Resources
LSE CapLease
LTXC LTX-Credence
SIMO Silicon Motion Tech
ACI Arch Coal
AIMC Altra Holdings
PCX Patriot Coal
IDTI Integrated Device Tech
FCSX FCstone Group
LYV Live Nation
VRS Verso Paper
ORBC ORBCOMM
ATPG ATP Oil & Gas
LVS Las Vegas Sands
PFAP Pacific Asia Petroleum
SRI Stoneridge
PLLL Parallel Petroleum
CBI Chicago Bridge & Iron
CNXT Conexant
CCOI Cogent Communications
CVGI Commercial Vehicle Group
CETV Central European Media
BEXP Brigham Exploration
GLS Genesis Lease
LXRX Lexicon Pharma
MITI Micromet
SWKS Skyworks
EXM Excel Maritime Carriers
SD Sandridge Energy
SDTH ShendaTech
SGY Stone Energy
PUDC Puda Coal
RAIL FreightCar America
SMOD SMART Modular Tech
DDR Developers Diversified Realty
TASR TASER Intl
TOMO Tomo Therapy
TRID Trident Microsystems
TTES T-3 Energy Services
ULTR Ultrapetrol Bahamas
STKL SunOpta
GRT Glimcher Realty Trust
LAVA Magma Design
GU Gushan Environmental
MNTA Momenta Pharma
SOLF Solarfun Power Holdings
SONO SonoSite
SIFY Sify Technologies
MTW Manitowoc
GCI Gannet
JASO JA Solar Holdings
OPXT Opnext
IDT IDT Corp
HERO Hercules Offshore
APL Atlas Pipeline Holdings
BBEP BreitBurn Energy
GPIC Gaming Partners
ABD Acco Brands
CTIC Cell Therapeutics
CLR Continental Resources
CLF Cliffs Natural Resources
CHKP CheckPoint Software
ABTL Autobytel
DYN Dynergy
MNI The McClatchy
PMI PMI Group
WFR MEMC Electronics
WRES Warren Resources
SYNM Syntroleum
EPEX Edge Petroleum
FLOW Flow Intl
ERES eResearch Technology
HL Hecla Mining
SRZ Sunrise Senior Housing
HTCH Hutchinson Tech
ESEA Euroseas
MGI Moneygram Intl
MIC Macquarie Infrastructure
ATRO Astronics
IKAN Ikanos Communications
KDE 4Kids Entertainment
IO ION Geophysical
RMKR Rainmaker Systems
DSGX Descartes Systems
CSII Cardiovascular Systems
LDIS Leadis Technology
NSPH Nanosphere
NTII Neurobiological Tech
PSTI Plurisystem Life Systems
JSDA Jones Soda
XSEL Xinhual Sports
ACHN Achillion Pharma
FSN Fusion Tele

ETF Setups
(Click on Symbol for Annotated Chart)

QQQQ PowerShares QQQ Trust
RTH Retail Holders
UYM ProShares Ultra Basic Materials
EEM iShares Emerging Markets
BGZ Direxion Large Cap Bear 3x
GDX Market Vectors Gold Miners
JNK Lehman High Yield Bond ETF
HYG iShares High Yield Corporate Bonds
ITB iShares U.S. Home Construction

Long Setups
(Click on Symbol for Annotated Chart)

DRYS Dry Ships
PSUN Pacific Sunwear
SATS EchoStar
ALJ Alon USA Energy
AMCN AirMedia Group
GA Giant Interactive
AMD Advanced Micro
CMZ Compton Petroleum
COGT Cogent

Short Setups
(Click on Symbol for Annotated Chart)

Technology:
APPL Apple Computer
ADBE Adobe
ADI Analog Devices
AMX America Movil S.A.
ARST ArcSight
ATHR Atheros Communications
BEC Beckman Coulter
CCI Crown Castle
CMTL Comtech Tele
CYBS Cybersource
DIOD Diodes
DNEX Dionex
DRIV Digital River
FISV Fiserv
GOOG Google
HPQ Hewlett Packard
JNPR Juniper Networks
MCHP Microchip Tech
MCRS MICROS Systems
MICC Millicom Intl
MIL Millipore
MPWR Monolithic Power
NATI National Instruments
NVLS Novellus
RHT Red Hat
SNDA Shanda Interactive
SYNT Syntel
TNDM Neutral Tandem
WIT Wipro

Biotech & Health:
ABAX Abaxis
AGN Allergan
ALXN Alexion Pharma
AMGN Amgen
AUXL Auxillium Pharma
AZN Astrazenaca
BDX Beckton Dickinson
BRLI Bio-Reference Labs
CERN Cerner
CHSI Catalyst Health
COV Covidien
DGX Quest Diagnostics
DVA DaVita
EW Edwards LifeSciences
GILD Gilead Sciences
HLF Herbalife
HSIC Henry Schein
ICUI ICU Medical
IDXX IDEXX Labs
ILMN Illumina
IMA Inverness Medical Tech
ISRG Intuitive Surgical
JNJ Johnson & Johnson
LH Laboratory Amer
LIFE Life Technologies
MCK McKesson
MDRX Allscripts
MDVN Medivation
NTY NBTY
NUVA NuVasive
PMC PharMerica
PSYS Psychiatric Solutions
RDY Dr. Reddys Labs
SXCI SXC Health Solutions

Retail:
AN Autonation
ARO Aeropostale
BBBY Bed Bath & Beyond
BKS Barnes & Noble
CTR Cato Corp
DBRN Dress Barn
DKS Dick's Sporting Goods
FOSL Fossil
GES Guess
GYMB Gymboree
HELE Helen of Troy
JCG J Crew
KMX Carmax
LTD Limited
LUX Luxottica
ORLY O'Reilly Auto
PETS PetMed Express
SPLS Staples

Finance:
AMG Affiliated Managers
AXP American Express
AXS Axis Capital
BNS Bank of Nova Scotia
FCFS First Cash Financial
JEF Jefferies Group
NITE Knight Capital
PJC Piper Jaffrey
SAN Banco Santiago
SF Stifel Financial

Oil & Gas:
BP BP Amoco
BRY Berry Petroleum
CKH SEACOR Holdings
CNQ Canadian Natural Resources
CPNO Copano Energy
CXG CNX Gas
DO Diamond Offshore
DRQ DrilQuip
EAC Encore Acquisition
EEQ Enbridge Energy
EPD Enterprise Products
HK Petrohawk
MUR Murphy Oil
MWE MarkWest Energy
OII Oceaneering Intl

Restaurants:
BJRI BJs Restaurant
BOBE Bob Evans Farms
CAKE Cheesecake Factory
CBRL Cracker Barrel
CHUX O'Charleys
PFCB P.F. Changs China Bistro

Consumer Goods:
BWA Borw Warner
CCK Crown Holdings
CHD Church & Dwight
DEO Diegeo
ECL Ecolab
GSIC GSI Commerce
ICON Iconix Brand
MGA Magna Intl
SJM The J.M. Smucker Co
UL Unilever
VFC VFCorp

Materials:
AU Anglogold Ashanti
BHP BHP Billiton
CCJ Cameco
GG Goldcorp
KGC Kinross Gold
NEU NewMarket
SHW Sherwin Williams
SIAL Sigma-Aldrich

Services:
ACN Accenture
ALGT Allegiant Travel
AM American Greetings
BYI Bally Tech
CENT Central Garden & Pet
CPRT Copart
CXW Corrections Corp of Amer
MVL Marvel Enterprises
PAG Penske Auto
TJX TJX Corp

Utility:
ATO Atmos Energy
DTE DTE Energy
SRE Sempra Energy
SWN Southwestern Energy
XEL Xcel Energy

Other:
ACGL Arch Capital Group
CSX CSX
DLR Digital Realty
ENR Energizer Holdings
GR Goodrich
GWR Genesse & Wyoming
HCN Health Care REIT
LFUS Littelfuse
LTC LTC Properties
OFC Corporate Ofc Properties
PPG PPG Industries

Thoughts....

I posted a few Setups to keep an eye that I didn't post over the weekend as well as a few Sentiment Charts I don't often get up. If I come across anything else, I'll Tweet it.

Index Watch for July 22, 2009:

Setups for July 22, 2009:

Breakout Setups
(Click on Symbol for Annotated Chart)

BEXP Brigham Exploration
SWKS Skyworks
BPHX BluePhoenix Solutions
IMGN ImmunoGen
SONO SonoSite
TRID Trident Microsystems
STKL SunOpta
CBI Chicago Bridge & Iron
PUDC Puda Coal
SD Sandridge Energy
CETV Central European Media
GU Gushan Environmental
AWI Armstrong World Industries
ATRO Astronics

Short Setups
(Click on Symbol for Annotated Chart)

MICC Millicom Intl Cellular
ALGT Allegiant Travel
NDSN Nordson
MPWR Monolithic Power
NATI National Instruments
SXCI SXC Health Solutions
HELE Helen of Troy

Thoughts....

I was taken out of more positions last week than I have in a long time, but that's how it goes. Since the overall market volume has been less than impressive the past couple of months, we need to be aware of the fact that technical analysis is going to be much more difficult. I don't know for a fact, but I've read that Program Trading comprises 50% - 75% of all of the volume across the exchanges. When it shrinks, it makes for a tough environment. All we can do is make every attempt to identify the "key" S/R levels, trade small and get out if those levels fail.

Although I've redrawn the connection between the shoulders several times, I still think the H&S is intact. I may be wrong, but my opinion won't change until we take $SPX 945 out. The primary Sentiment Chart I follow "supports" my thoughts, as it "suggests" we are either at or near an intermediate term top. Time will tell.

As I've mentioned on many occasions, there are a lot of different ways to trade the short setups I post. I typically just go in at the posted level and slap my stop in place. Sometimes, I use the 60 Minute as a guide to improve my timing. This is an old example, but it'll give you an idea. If I had used it last week, it would have kept me out of a lot of losing trades. I'll try to get some more examples up soon.

I still have some scans to go over tomorrow. If I come across any fresh setups, I'll get them posted tomorrow afternoon when I finish the Trading Spreadsheet.

Review for Week of July 20, 2009:

ETF Setups
(Click on Symbol for Annotated Chart)

QQQQ PowerShares QQQ Trust
SSG ProShares UltraShort Semiconductors
EEM iShares Emerging Markets
EEV ProShares UltraShort Emerging Markets
FXP ProShares UltraShort China
XRT SPDR S&P Retail Index

Short Setups
(Click on Symbol for Annotated Chart)

Technology:
APPL Apple
ADBE Adobe
ADI Analog Devices
LRCX Lam Research
MCHP Microchip Technology
AMZN Amazon.com
DIOD Diodes
ADTN Adtran
PLXS Plexus
FFIV F5 Networks
NETL NetLogic Microsystems
FISV Fiserv
INFY Infosys Technology
JNPR Juniper Networks
RVBD Riverbed Technology
QCOM Qualcomm
CTSH Cognizant Technology
CTXS Citrix Systems
HPQ Hewlett Packard
MCRS MICROS Systems
TNDM Neutral Tandem
WIT Wipro
APH Amphenol
AMX America Movil SA
AMT American Tower
OTEX Open Text
CTV Commscope
CMTL Comtech Telecommunications
CYBS CyberSource
RHT Red Hat
BEC Beckman Coulter
ATNI Atlantic Tele-Network

Biotech & Health:
ABAX Abaxis
ALXN Alexion Pharma
CERN Cerner
HLF Herbalife
ICUI ICU Medical
IDXX IDEXX Labs
AMGN Amgen
AUXL Auxillium Pharma
DGX Quest Diagnostics
LIFE Life Technologies
EW Edwards Lifesciences
GILD Gilead Sciences
HSIC Henry Schein
OPTR Optimer Pharma
PMC PharMerica
PRGO Perrigo
AZN Astrazeneca
JNJ Johnson & Johnson
LH Laboratory Amer Holding
BDX Beckton Dickinson
MDRX Allscripts
MDVN Medivation
MHS Medco Health Solutions
RDY Dr. Reddy's Labs
NVO Novo Nordisk
CHSI Catalyst Health Solutions
MCK McKesson
QGEN Qiagen NV
COV Covidien
BRLI Bio-Reference Labs

Retail:
CTR Cato Corp
GYMB Gymboree
KMX Carmax
SPLS Staples
BBBY Bed Bath & Beyond
ORLY O'Reilly Auto
JCG J Crew Group
ARO Aeropostale
FOSL Fossil
NFLX Netflix
GES Guess
AN Autonation

Finance:
BNS Bank of Novia Scotia
AMG Affiliated Managers
GS Goldman Sachs
RY Royal Bank of Canada
SAN Banco Santiago
SF Stifel Financial
AXS Axis Capital Holdings
STD Banco Santander
BAP Credicorp
PJC Piper Jaffery
AMTD TD Ameritrade
FCFS First Cash Financial Services
TROW T. Rowe Price

Services:
ACN Accenture
PAG Penske Auto Group
BYI Bally Technologies
CBD Companhia Bras de Distr
CENT Central Garden & Pet
CNW Con-Way
SNX Synnex
TJX TJX Companies
CPRT Copart
CXW Corrections Corp of America
GPN Global Payments
MVL Marvel Enterprises
SYKE Sykes Enterprises

Consumer Goods:
MGA Magna Intl
RKT Rock Tenn
BWA BorgWarner
GEF Greif Bros
PG Proctor & Gamble
CL Colgate-Palmolive
DEO Diageo PLC
UL Unilever
PII Polaris
ECL Ecolab
SLGN Silgan Holdings
LNCE Lance
CCK Crown Holdings
GSIC GSI Commerce
CHD Church & Dwight

Oil & Gas:
CKH Seacor Holdings
MWE MarkWest Energy
OXY Occidental Petroleum
BP BP Amoco
MMP Magellan Midstream
SNP China Petroleum
EEQ Enbridge Energy

Restaurants:
CBRL Cracker Barrel
BJRI BJ's Restaurants
PFCB P.F. Changs China Bistro
CHUX O'Charleys
MCD McDonalds

Materials:
LZ Lubrizol
NEU NewMarket
WLT Walter Industries
NUE Nucor
SHW Sherwin Williams
SIAL Sigma-Aldrich
KGC Kinross Gold
OMN Omnova Solutions

Utility:
ATO Atmos Energy
DPL DPL Inc
FPL FPL Group
SRE Sempra Energy
WEC Wisconsin Energy
XEL Xcel Energy

Other:
CSX CSX Corp
GNK Genko Shipping
GR Goodrich
DLR Digital Realty Trust
UNP Union Pacific
AMN Ameron
LFUS Littlefuse
TSL Trina Solar
ACGL Arch Capital

Breakout Setups
(Click on Symbol for Annotated Chart)

BPHX BluePhoenix Solutions
CNXT Conexant
IDTI Integrated Device Tech
AB AllianceBernstein
AMLN Amylin Pharma
HYC Hypercom
SONO SonoSite
SUPG SuperGen
NKTR Nektar Therapeutics
DYN Dynergy
IMGN Immunogen
SMOD SMART Modular Tech
CVGI Commercial Vehicle Group
PLLL Parallel Petroleum
ORBC Orbcomm
PFAP Pacific Asia Petroleum
VMW VMware
KBR KBR Inc
TOMO Tomo Therapy
DIVX DivX
MNTA Momenta Pharma
VRS Verso Paper
CLWR Clearwire
AXTI Americal Xtal Tech
EMAN Emagin
LDIS Leadis Tech
SDTH Shengdta Tech
TRID Trident Microsystems
XSEL Xinhua Sports & Entertainment
NSPH Nanosphere
NTII Neurobiological Tech
JSDA Jones Soda
AVRX Avalon Pharma