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Vet67to82
Vet67to82
P&P Score: 0.31   Points: -608.47   Accuracy: 68.73%   Average Pick Score: -4.50   Annual Return: 16.23% (40.60% since 11/25/09)  

Vet67to82's Blog : Tuesday, 8/17/2010 OurCall for the Close

Date August 16, 2010    Comments Comments (10)    Rate this post Recommend This Post (70)   
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I am working on OurCall for Tuesday's close. Again Monday, we battled back.

Dow Jones 10,302.01 -1.14 (-0.01%)
S&P 500 1,079.38 +0.13 (0.01%)
Nasdaq 2,181.87 +8.39 (0.39%)

Sector summary
Sector Change % down / up
Basic Materials +0.79%
Capital Goods +0.11%
Conglomerates +0.32%
Cons. Cyclical +0.30%
Cons. Non-Cyclical +0.42%
Energy +0.23%
Financial +0.14%
Healthcare +0.05%
Services +0.39%
Technology +0.34%
Transportation +0.18%
Utilities +0.06%
Tags : MCD   KO   KFT   JPM   JNJ   JCP   INTC   IBM   HPQ   HES   HD   GE   DIS   DD   CVX   CVS   CHK   CCE   CAT   C   BAC   BA   AXP   AA   FAZ   FAS   SPY   SPX   DJIA   COMP   CSCO   MMM   MRK   MSFT   PFE   . PG   TRV   UTX   VZ   WMT   XOM   ING   SLW   PAAS   GLD   IAU   XAU  

10 Comment(s):

Author Vet67to82     Date August 16, 2010 17:40 Abuse this post Report Abuse
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3M Company MMM:NYSE 08/16/2010 4:31PM ET
$83.43 -$0.58 -0.69% Vol 2,335,747

Chart Checkup ( 15 min / 10 day 8/3/2010 to 8/16/2010 )

Moving Average Price Compare --
Today, MMM closed above its 20 minute moving average. This is generally considered to be an indication of a bullish trend.

Moving Average Price Compare
Today, MMM closed above its 5 minute moving average. This is generally considered to be an indication of a bullish trend.

Moving Average Price Compare
Today, MMM closed above its 13 minute moving average. This is generally considered to be an indication of a bullish trend.

Bollinger Bands
MMM is trading within its Bollinger Bands. This is a normal condition and suggests that the stock is neither overbought nor oversold relative to the recent price action.

Stochastics
The Stochastic Oscillator is registering a strong bullish signal as the %K has crossed above the %D and the oscillator recently moved above the critical value of 20 and is no longer oversold.

On Balance Volume
The On Balance Volume indicator (OBV) presently offers a bullish signal. This is because the slope of the indicator is positive and shows that there is considerable buying interest.

Price Channel
MMM is trading within its price channel. This is a normal condition and suggests that the stock is neither overbought nor oversold relative to the price action over the last 5 minute period.


**** Also, the shares are currently trading above the 50-day moving average of $81.95 and above the 200-day moving average of $81.55.
Author Vet67to82     Date August 16, 2010 17:40 Abuse this post Report Abuse
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General Electric Co GE:NYSE 08/16/2010 4:03PM ET
$15.46 +$0.08 + 0.52% Vol 56,221,983

Chart Checkup ( 15 min / 10 day 8/3/2010 to 8/16/2010 )

Moving Average Price Compare
Today, GE closed above its 20 minute moving average. This is generally considered to be an indication of a bullish trend.

Moving Average Price Compare
Today, GE closed above its 5 minute moving average. This is generally considered to be an indication of a bullish trend.

Moving Average Price Compare
Today, GE closed above its 13 minute moving average. This is generally considered to be an indication of a bullish trend.

Bollinger Bands
GE is trading within its Bollinger Bands. This is a normal condition and suggests that the stock is neither overbought nor oversold relative to the recent price action.

Stochastics
The Stochastic Oscillator is registering a bullish signal as the %K line is above the %D; however the oscillator has moved above the critical value of 80 and is now overbought. The overbought condition means that the upwards momentum experienced in this stock is not sustainable.

On Balance Volume
The On Balance Volume indicator (OBV) presently offers a bearish signal. This is because the slope of the indicator is negative and shows that there is a lack of buying interest.

Price Channel
GE is trading near its upper price channel band. This suggests that the stock price is high relative to the action over the last 5 minute period.
Author Vet67to82     Date August 16, 2010 17:44 Abuse this post Report Abuse
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Alerts Symbol Bid[tick] Ask Price $ Chg % Chg PrevClose Open Volume Action
aa $10.59[+] $10.60 $10.60 -0.04 -0.38% $10.64 $10.56 14,569,287
axp $41.51[+] $41.54 $41.54 -0.19 -0.46% $41.73 $41.53 7,156,146
ba $64.40[-] $64.42 $64.40 -0.44 -0.68% $64.84 $64.27 2,990,136
bac $13.19[+] $13.21 $13.19 -0.04 -0.3% $13.23 $13.13 99,459,584
cat $68.49[-] $68.52 $68.49 0.48 0.71% $68.01 $67.62 5,391,351
csco $21.90[+] $21.92 $21.91 0.55 2.57% $21.36 $21.24 88,595,657
cvx $77.70[+] $77.73 $77.71 0.31 0.4% $77.40 $77.11 7,284,605
dd $40.39[+] $40.41 $40.39 0.07 0.17% $40.32 $40.09 3,413,115
dis $33.64[+] $33.66 $33.66 -0.02 -0.06% $33.68 $33.44 6,917,776
DJI $0.00[] $0.00 $10,302.01 -1.14 -0.01% $10,303.15 $10,303.07 1,460,352
ge $15.46[+] $15.47 $15.46 0.08 0.52% $15.38 $15.29 56,368,997
hd $27.38[+] $27.40 $27.38 0.07 0.26% $27.31 $27.50 12,131,795
hpq $40.55[+] $40.57 $40.55 0.1 0.25% $40.45 $40.51 22,863,122
ibm $127.74[+] $127.78 $127.77 -0.1 -0.08% $127.87 $127.47 4,009,130
intc $19.45[-] $19.47 $19.47 0.32 1.67% $19.15 $19.14 48,633,151
jnj $58.00[-] $58.02 $58.01 -0.14 -0.24% $58.15 $57.99 8,727,243
jpm $37.67[+] $37.69 $37.69 0.19 0.51% $37.50 $37.32 28,308,004
kft $29.43[-] $29.45 $29.45 -0.05 -0.17% $29.50 $29.32 5,439,474
ko $55.88[+] $55.89 $55.88 0.15 0.27% $55.73 $55.51 6,951,124
mcd $71.77[+] $71.79 $71.79 -0.1 -0.14% $71.89 $71.76 4,935,645
mmm $83.39[+] $83.43 $83.43 -0.58 -0.69% $84.01 $83.33 2,335,847
mrk $34.96[+] $34.99 $34.97 -0.03 -0.09% $35.00 $34.77 6,886,492
msft $24.55[+] $24.57 $24.50 0.1 0.41% $24.40 $24.36 40,894,741
pfe $16.02[+] $16.03 $16.03 -0.05 -0.31% $16.08 $15.98 36,229,828
pg $59.74[+] $59.78 $59.77 -0.05 -0.08% $59.82 $59.63 13,138,091
t $26.65[+] $26.67 $26.65 -0.07 -0.26% $26.72 $26.63 19,857,266
trv $49.89[+] $49.92 $49.91 -0.23 -0.46% $50.14 $49.81 3,512,936
utx $70.35[+] $70.36 $70.35 -0.35 -0.5% $70.70 $70.20 2,594,821
vz $29.96[+] $29.97 $29.96 -0.07 -0.23% $30.03 $29.94 14,078,942
wmt $50.40[+] $50.41 $50.41 0.01 0.02% $50.40 $50.17 9,647,557
xom $59.83[-] $59.88 $59.88 -0.03 -0.05% $59.91 $59.60 14,295,462

8/16/2010 4:46:59 PM ET
Author Vet67to82     Date August 16, 2010 18:22 Abuse this post Report Abuse
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Chesapeake Energy Corp CHK:NYSE
$20.93 +0.15 +0.72% Vol 8,539,111

Chart Checkup ( 15 min / 10 day 8/3/2010 to 8/16/2010 )

Moving Average Price Compare
Today, CHK closed above its 20 minute moving average. This is generally considered to be an indication of a bullish trend.

Moving Average Price Compare
Today, CHK closed above its 5 minute moving average. This is generally considered to be an indication of a bullish trend.

Moving Average Price Compare
Today, CHK closed above its 13 minute moving average. This is generally considered to be an indication of a bullish trend.

Bollinger Bands
CHK has been relatively stable recently. This is evidenced by the width of its Bollinger Bands which are tighter than normal. Additionally, CHK is trading within its Bollinger Bands. This is a normal condition and suggests that the stock is neither overbought nor oversold relative to the recent price action.

Stochastics
The Stochastic Oscillator is registering a strong bullish signal as the %K has crossed above the %D and the oscillator recently moved above the critical value of 20 and is no longer oversold. The Stochastic Oscillator is registering a bullish signal as the %K line is above the %D; however the oscillator has moved above the critical value of 80 and is now overbought. The overbought condition means that the upwards momentum experienced in this stock is not sustainable.

On Balance Volume
The On Balance Volume indicator (OBV) shows that longer term selling pressure has given way to near term accumulation.

Price Channel
CHK is trading at its upper price channel band. This suggests that the stock price is high relative to the action over the last 5 minute period.

Author Vet67to82     Date August 17, 2010 13:50 Abuse this post Report Abuse
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MyCall for the close Tuesday, 8/17/2010 ... preliminary ( stage 1) ... be thee Bull or Bear ... or Neither

( 1) Direxion Daily Financial Bull 3x Shares
Monday, 8/16/2010 FAS Close 19.89 $-0.13 -0.65%
FAS .Bullish .... $20.43 ....or Bearish ... $18.98 ( watch the low!)
---- YTD 84 UP days vs 72 DOWN days ( 1 up day, Last 10 days: 3 up/7 dn )

( 2) Monday, 8/16/2010 DJIA Close 10,302.01 -1.14 (-0.01%)
DJIA Bullish 10,373.73 (+0.70%) or Bearish 10,209.21 (-0.90%)
---- YTD 87 UP days vs 69 DOWN days ( 5th down day, Last 10 days: 2 up/8 dn )

( 3) Monday, 8/16/2010 S&P 500 Close 1,079.38 +0.13 (0.01%)
S&P 500 Bullish 1,088.24 (+0.83%) or Bearish 1068.86 (-0.97%)
---- YTD 85 UP days vs 71 DOWN days ( 1 up day, Last 10 days: 3 up/7 dn )

( 4) Monday, 8/16/2010 NASDAQ Composite Close 2,181.87 +8.39 (0.39%)

** Note previous posts and the Bearishness, while still greater than that projected for the Bulls, is shrinking

( 1) the S&P 500 Bearish percentage calculation declined from (-1.03%) to (-1.01%) to (-1.00%) to (-0.99%) and now (-0.97%)

( 2) the DJIA Bearish percentage calculation declined from (-0.98%) to (-0.97%) to (-0.96%) to (-0.95%) to (-0.94%) and now (-0.91%)

Even "if one is neither bullish nor bearish!!" ... you'll see a HIGH for the day and a LOW for the day. The above calculations represent a guideline, not a pitch for Bulls, or a pitch for Bears. Everyone is then free to watch day after day whether my posts represent an "honest" attempt to help ... and I DO hope I am helping.
Author Vet67to82     Date August 17, 2010 13:52  Edited: August 17, 2010 by Vet67to82 Abuse this post Report Abuse
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New York * Tue 1:53 PM == Hong Kong Wed 1:53 AM

Dow Jones 10,472.72 +170.71 (1.66%)
S&P 500 1,098.93 +19.55 (1.81%)
Nasdaq 2,222.51 +40.64 (1.86%)
Author Vet67to82     Date August 17, 2010 14:20 Abuse this post Report Abuse
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Smiling, today I closed my 99th pick. One more to go for my first hundred.

Never be afraid to take a profit 'cuz what the market giveth ... the market can taketh away !!!!
Author Vet67to82     Date August 17, 2010 14:37  Edited: August 17, 2010 by Vet67to82 Abuse this post Report Abuse
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MyCall for the close Tuesday, 8/17/2010 ... preliminary ( Stage 2 ) ... be thee Bull or Bear ... or Neither

( 1) Direxion Daily Financial Bull 3x Shares Bullish .... $20.60

( 2) DJIA Bullish 10518.96 (+1.40%)

( 3) S&P 500 Bullish 1097.40 (+1.67%)
Author Vet67to82     Date August 17, 2010 14:47 Abuse this post Report Abuse
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Wal-Mart and Home Depot earnings beat estimates.
Housing starts increase, but building permits drop.
Potash Corp. rejects BHP Billiton's takeover bid.
Rank Group to acquire Pactiv.
Author Vet67to82     Date August 17, 2010 14:48 Abuse this post Report Abuse
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Domino's Pizza opens store in Romania 8/17/2010 2:39 PM
Summary Box: Economy sending mixed signals 8/17/2010 2:38 PM
Kasich would take Ohio development agency private 8/17/2010 2:37 PM
Newell Rubbermaid offers stock, cash for notes 8/17/2010 2:36 PM
Eli Lilly halts development of Alzheimer's drug 8/17/2010 2:34 PM
July home building up 8/17/2010 2:33 PM
Law requires Illinois utilities to buy solar power 8/17/2010 2:32 PM
Factories aid bumpy recovery, housing still weak 8/17/2010 2:31 PM
Summary Box: TJX Cos. 2nd-quarter results 8/17/2010 2:30 PM
Mattel accused in Bratz battle of spying on rivals 8/17/2010 2:29 PM
Ex-Apple manager pleads not guilty in kickbacks 8/17/2010 2:29 PM
Charleston port volume rebounds but future unclear 8/17/2010 2:28 PM
City National offers to pay part of SBA loan fees 8/17/2010 2:28 PM
Mazda3 and Mazda5 recalled for steering problems 8/17/2010 2:28 PM
Genco takes delivery of 2 more ships 8/17/2010 2:24 PM
Summary Box: Lilly halts Alzheimer's drug 8/17/2010 2:23 PM
Ruling: Foreign countries owe no NYC property tax 8/17/2010 2:23 PM
Fitch says Dell rating unaffected by 3Par buyout 8/17/2010 2:21 PM
Sector Snap: M&A activity boosts fertilizer shares 8/17/2010 2:19 PM
US interrogation tapes found 8/17/2010 2:18 PM
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