Archive for category 52 week highs

20140621 $OXY weekly wrap

Name: Occidental Petroleum Corp
Sector/Industry: Energy/Oil & Gas Exploration & Production
Thesis: $OXY beat last earnings estimates by $0.05 on May 5, 2014.  Spinning off California assets into independent E&P seen favorable by the market sheading focus on parent company global backlog, increasing earnings growth and steadily growing dividend.
Next earning date: 7/30/14 *Est.
Risk: Low with P/E 1/2 of sector peers.
Portfolio status: Bedrock/Anchor. Level of investment is full. Buying strategically only on dips more than 5% below most recent 52 week high.
Last trades: On 20140617 buy @ 102.35, on 20140613 buy @ 101.93.
All time high/52 week high: $117.89 May of 2011 /$104.14 on June 21, 2014
Price target: $115
Technical trading tier: Lowest

Chart Analysis: Weekly chart below shows $OXY is just about reached a level of resistance drawn at 104.36. Levels are based on prices going back a ways based on much different boundary conditions on the economy. Levels should be taken with a grain of salt. So this is trading approach I’m implementing. Watch the hourly charts and in particular when MACD Xup it’s signal. If stochastics Xup 80, consider that a signal to buy if stochastics Xdown 80 for a short period time and Xup 80 very soon after. Look for daily MACD Xup, daily stochastic Xup for confirmation.

oxy-weekly-20140620-eod

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2 notable 52wk HIGHS [EOD20130522] $BIIB $JPM

charts & quotes 

ranked table of highs

No.1 rank chart and commentary

  • based on my screening criteria, neither of these 2 stocks would have made the notables were it a normal day on wall street.  BIIB & JPM did not close above the previous 52wk (or all time high if that is the case.) not much was normal on wall street today. more on that in another post.
  • having said that, these 2 stocks did hold up rather well considering the extreme selling pressure on the market as a whole. a look at BIIB’s chart and what jumps out MA divergence is around 52 wk highs. this leaves BIIB somewhat vulnerable to additional selling pressure if investors and traders decide in the next few days it’s time to take profits. we’ll just have to wait and see.
  • so i have no plans to get into BIIB at the moment. it might be wise to consider taking some profits before the street forces the trade. my status on BIIB would be SELL some if profits are high and hold otherwise. i’d like to see MACD come in and revert to mean some.

biib_daily_20130522_tc2000jpm_daily_20130522_finviz

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11 new stubbystock HIGHS [EOD20130521] $CVI $MIDD $JPM $PNC $SAIA $GS $AXP $ASML $TM $C $UNF

charts & quotes

ranked table of highs

  • stubby’s rank criteria based on IBD SmartSelect parameters.

No.1 rank chart and commentary

  • Company Profile: Middleby Corp (MIDD) Company Description: MANUFACTURES A BROAD LINE OF COOKING AND WARMING EQUIPMENT USED IN HOTELS, RESTAURANTS AND OTHER INSTITUTIONS.
  • MIDD has been one of my fav industrial stocks this year. currently listed as no. 1 leader in it’s category on IBD. the daily & weekly chart show MIDD has recently broken out. in the weekly timeframe, this is the second week of gaining higher since since breaking out of the box. MIDD looks to continue it’s charge higher.
  • my current status for MIDD is HOLD until the stock exhibits to test the upper trend-line drawn in the finviz daily chart OR another MACD xUP on the daily chart.

midd_wkly_20130521_tc2000midd_daily_20130521_finviz

other setups to watch in todays 52wk highs list

  • as mentioned yesterday, CVI – breaking out through a resistance level of 65. if it pulls back, watch for support @ 66.13 in which case would make a good entry if bounces higher on high vol.
  • JMP – status HOLD. new hrly support level(s) @ 52.00 & 51.01.
  • PNC – status HOLD. new hrly support level(s) @ 71.16 & 70.35.
  • SAIA – status HOLD. new hrly support level(s) @47.36 & 46.95.
  • GS – status HOLD. new hrly support level(s) @ 157.44
  • AXP – status HOLD. new hrly support level(s) @ 74.20 & 73.00
  • ASML – status HOLD. new hrly support level(s) @ 77.52
  • TM – status HOLD. new hrly support level(s) @ 127.60 & 122.53
  • C – status HOLD. new hrly support level(s) @ 51.00 & 49.05
  • UNF – status HOLD. new hrly support level(s) @ 95.50 & 94.51

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2 notable 52wk HIGHS [EOD20130521] $AHGP $JPM

charts & quotes 

ranked table of highs

 

No.1 rank chart and commentary

  • this is the first time AHGP has come across my screen. i have no position but will be watching closely. there’s good support @ 60. if it comes in, i may snap up an entry pos.
    ahgp_daily_20130521_finvizo
  • JPM weekly MACD xUP this week. good entry point.
    jpm_wkly_20130521_tc2000

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12 new stubbystock HIGHS [EOD20130520] $ACT $ASML $AXP $C $CBRL $CVI $GS $OCN $SAIA $TM $TRIP $VAL

charts & quotes 

ranked table of highs

No.1 rank chart TRIP and commentary

  • this stock recently break out and will let the holding ride. no plans to make any changes till another entry pattern develops.
  • all these names in the table above finished positive for the days. other names made highs but finished negative. those were JPM WDR PNC UNF BDC MELI GILD VRTS EXP TYL FEIC.

trip_daily_20130520_finviz

other setups to watch in todays 52wk highs list

  • CVI – breaking out on high volume through a resistance level of 65. i added 1/4 pos today. fresh off of a weekly MACD xUP last week.
  • OCN – continuing to move higher after breaking out of a long consolidation on may-10. weekly MACD xUP at breakout. 42.2 was the level i was watching. today closed at 44.31. i bought additional 1/4 a few days after and will maintain neutral for now. still not too late for entry.
  • VAL likely to continue to make new new highs after weekly MACD xUP during the week before last. still time for entry this week.

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2 notable 52wk HIGHS [EOD20130520] $TM $COG

screen results:

rank results:

tm_daily_20130520_finvizcog_daily_20130520_finviz

NOTE: stubby is long $TM. no position in $COG

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stubbystock technical alert: morning new highs list $KUB $CVI $SAIA $CBS $VRTS $TRIP $C $TM and more

FINVIZ Stock Screener – Custom KUB,CVI,SAIA,CBS,VRTS,TRIP,C,TM,BDC,JPM,WDR,AXP,FEIC,TARO,PNC,MDSO,TYL perfytd

$KUB – daily performance leader of the pack
kub_daily_20130617_finviz

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16 stubbystock new 52wk HIGHS [EOD20130516]: $CAB $TRIP $VRTS $GMCR $OCN $WDR $ARMH & more including ATHs

notes:

ranking by IBD SmartSelect rating, EPS rating, RSI rating in that order. (listing in csv format)

Rank No.,Symbol,Company Name,Composite Rating ,EPS Rating,RS Rating,SMR Rating,Acc/Dis Rating,Group Rel Str Rating,ATH
1,GMCR,Green Mtn Coffee Roastrs,99,99,99,A,A+,A+,NO
2,TRIP,TripAdvisor Inc,99,97,93,A,B+,B-,YES
3,VRTS,Virtus Investment Ptnrs,99,80,99,A,A,A,YES
4,CAB,Cabelas Inc,99,96,95,B,B,A,YES
5,OCN,Ocwen Financial Corp,98,98,96,A,A+,C-,YES
6,ARMH,A R M Holdings Plc Ads,97,96,94,A,C,B,YES
7,WDR,Waddell & Reed Finl Cl A,97,89,89,A,C+,A,YES
8,BDC,Belden Inc,96,83,89,B,B+,B-,NO
9,ULTI,Ultimate Software Group,96,97,83,A,B,B,YES
10,TYL,Tyler Technologies Inc,96,90,93,A,A,C-,YES
11,N,Netsuite Inc,95,74,96,B,A-,B,YES
12,JJSF,J & J Snack Foods Corp,88,95,84,B,A-,C+,YES
13,FEIC,F E I Co,84,87,83,B,B+,D+,YES
14,JPM,J P Morgan Chase & Co,80,95,78,C,C,C,NO
15,PNC,P N C Financial Svcs Grp,74,81,61,B,B+,C+, NO
16,ASML,A S M L Holding N.V. NY,72,51,82,B,B+,C+,YES

$GMCR – top stubbystock chart & commentary

  • recent price behavior looking like a bear flag. i sold 3/4 position today in case the market rolls over in the next few days. but chart pattern very similar to  dec-2012. 10DMA price action could trade flat for a few weeks. will be looking at STOC, MACD & other indicators for adding back in. i like this name long-term.

gmcr_daily_20130516_tc2000

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2 notable 52wk HIGHS [EOD20130516] $VRTS $TYL both ATHs

screen results:

rank results: (csv format)

Rank no.,Symbol,Company Name,Composite Rating,EPS Rating,RS Rating,SMR Rating,Acc/Dis Rating,Group Rel Str Rating,ATH
1,VRTS,Virtus Investment Ptnrs,99,80,99,A,A,A,Y
2,TYL,Tyler Technologies Inc,96,90,93,A,A,C-,Y

charts:

vrts_daily_20130516_finviztyl_daily_20130516_finviz

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list of 20 stubbystocks making new all time highs: $MDSO $VRTS $TRIP $LFG $URI and more

Rank no.,Symbol,Company Name,Composite Rating _,EPS Rating,RS Rating,SMR Rating,Acc/Dis Rating,Group Rel Str Rating
1, MDSO,Medidata Solutions Inc,99,90,98,A,A-,A
2, VRTS,Virtus Investment Ptnrs,99,80,99,A,A,A
3, TRIP,TripAdvisor Inc,99,97,92,A,B+,C+
4, LGF,Lions Gate Entertainment,99,80,97,D,A+,A+
5, URI,United Rentals Inc,98,74,89,A,B-,A-
6, CAB,Cabelas Inc,98,96,94,B,B-,B+
7, GILD,Gilead Sciences Inc,98,77,96,A,A-,A+
8, MIDD,Middleby Corp,98,90,85,A,A-,B+
9, ARMH,A R M Holdings Plc Ads,97,96,94,A,C+,B
10, WDR,Waddell & Reed Finl Cl A,96,90,89,A,C,A
11, UHS,Universal Health Svcs B,96,87,93,B,A-,A+
12, ULTI,Ultimate Software Group,96,97,82,A,B,B
13, SAIA,Saia Inc,95,75,98,C,A+,A
14, ICON,Iconix Brand Group Inc,94,86,94,B,A-,C
15, CBRL,Cracker Barrl Old Cnt St,93,82,89,B,B,A+
16, TDG,Transdigm Group Inc,89,82,70,A,C+,A-
17, JJSF,J & J Snack Foods Corp,87,95,82,B,B+,C+
18, FEIC,F E I Co,85,87,81,B,B+,C-
19, KUB,Kubota Corp Adr,83,74,96,C,C-,B-
20, ASML,A S M L Holding N.V. NY,73,51,82,B,B+,B-

top ranked $MDSO daily stock chart
mdso_daily_tc2000_20130515

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10 Comments

6 notable 52wk HIGHS [EOD20130515] $ADP $GILD $GOOG $NATH $VAL $WAB

results: (csv format)

  • finviz.com chart list is by alphabetical order. stubby’s ranking is below:
  • my screening criteria is based on technical & fundamental parameters i find at finviz.com & IBD investors.com.
  • all below made new all time highs.
  • $NATH $VAL make the list of 52wk highs and all time highs 2 days in a row.

Rank no.,Symbol,Company Name,Composite Rating,EPS Rating,RS Rating,SMR Rating,Acc/Dis Rating,Group Rel Str Rating
1,GOOG,Google Inc,99,91,83,A,B,A+
2,GILD,Gilead Sciences Inc,98,77,96,A,A-,A+
3,WAB,Wabtec,96,92,85,A,B,A
4,NATH,Nathans Famous Inc,96,84,97,A,A-,A+
5,VAL,Valspar Corp,88,81,83,B,A,B-
6,ADP,Automatic Data Processng,88,70,78,A,A-,B

adp_daily_finviz_small_20130515gild_daily_finviz_small_20130515goog_daily_finviz_small_20130515nath_daily_finviz_small_20130515val_daily_finviz_small_20130515wab_daily_finviz_small_20130515

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14 notable 52wk HIGHS [EOD20130514] $AMG $AOS $BDX $BEN $BIIB $C $ESGR $IFF $LVS $NATH $SHW $TYL $VAL $WLP

results: (csv format)

  • finviz.com chart list is by alphabetical order. stubby’s ranking is below:
  • my screening criteria is based on technical & fundamental parameters i find at finviz.com & IBD investors.com.

Rank no.,Symbol,Company Name,Composite Rating,EPS Rating,RS Rating,SMR Rating,Acc/Dis Rating,Group Rel Str Rating,
1,AMG,Affiliated Managers Grp,99,90,85,A,A-,A,
2,LVS,Las Vegas Sands Corp,99,74,86,A,B,A+,
3,BIIB,Biogen Idec Inc,98,90,94,A,A,A+,
4,BEN,Franklin Resources Inc,97,83,84,A,B+,A,
5,TYL,Tyler Technologies Inc,96,90,92,A,A-,C+,
6,NATH,Nathans Famous Inc,95,85,96,A,A-,A+,
7,AOS,Smith A O Corp,95,91,89,B,A-,B-,
8,IFF,Intl Flavors & Fragrance,93,87,80,B,A+,B,
9,ESGR,Enstar Group Ltd,90,70,81,A,B+,B,
10,SHW,Sherwin-Williams Co,88,87,86,B,B+,B-,
11,VAL,Valspar Corp,88,81,83,B,A,B-,
12,WLP,Wellpoint Inc,88,82,81,C,A,B,
13,C,Citigroup Inc,84,96,91,D,B-,C,
14,BDX,Becton Dickinson & Co,82,78,81,A,A,C-,

brief commentary: the majority of these names are in breakout mode. those that still have some resistance above are likely to take them out sooner than later. i current hold C. i recently sold out of AMG, BEN, BIIB, IFF. it’s been several weeks since i’ve held SHW, VAL, WLP. i’ve no no position in LVS, TYL, NATH, AOS, ESGR. it’s been so long since i’ve held BDX, it may as well be i haven’t held. i’ll be watching SHW & VAL as i am currently light basic materials. will wait though for pullback for better entry.

amg_daily_finviz_small_20130514aos_daily_finviz_small_20130514bdx_daily_finviz_small_20130514ben_daily_finviz_small_20130514biib_daily_finviz_small_20130514c_daily_finviz_small_20130514iff_daily_finviz_small_20130514lvs_daily_finviz_small_20130514nath_daily_finviz_small_20130514shw_daily_finviz_small_20130514val_daily_finviz_small_20130514wlp_daily_finviz_small_20130514

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complete list of stubbystock 52wk high [EOD20130514]

list of 52wk highs below are in alphabetical order.

$AXP $BDC $C $CBRL $CBS $CCI $DDD $DPZ $GMCR $IBB $MDSO $NSM $OCN $PNC $THC $TRIP$UHS $ULTI $URI $WDR

finviz.com charts by daily performance

finviz.com list by YTD performance

NOTE: i regularly publish a list of notable 52wk highs. the stubbystock designation is for stocks i hold. the notable designation is for stocks that meet my stringent criteria screening process at that particular date of publications. stubbystocks may or may appear in the list of notable 52wk highs as market conditions change since taking on positions.

trip_daily_finviz_small_20130514ddd_daily_finviz_small_20130514uri_daily_finviz_small_20130514wdr_daily_finviz_small_20130514ulti_daily_finviz_small_20130514mdso_daily_finviz_small_20130514nsm_daily_finviz_small_20130514axp_daily_finviz_small_20130514c_daily_finviz_small_20130514cbs_daily_finviz_small_20130514uhs_daily_finviz_small_20130514pnc_daily_finviz_small_20130514bdc_daily_finviz_small_20130514ibb_daily_finviz_small_20130514cci_daily_finviz_small_20130514gmcr_daily_finviz_small_20130514dpz_daily_finviz_small_20130514cbrl_daily_finviz_small_20130514ocn_daily_finviz_small_20130514thc_daily_finviz_small_20130514

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2 notable 52wk highs [EOD20130513] $BEN $VRTS

results: (csv format)

Rank No.,Symbol,Company Name,Composite Rating,EPS Rating,RS Rating,SMR Rating,Acc/Dis Rating,Group Rel Str Rating,
1,VRTS,Virtus Investment Ptnrs,99,80,98,A,A,A,
2,BEN,Franklin Resources Inc,95,83,84,A,B,A,

brief commentary: both are stocks i have owned recently (no pos now) and like the names. however, both are on steroids right now and i need to wait till they come in a lot before i contemplate starting any new positions.

VRTS
vrts_daily_20130513

BEN
ben_daily_20130513

stubby’s criteria for screening & ranking of notable 52wk highs.

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13 Comments

brief trading and market summary for 20130501 $LNKD $TYX $TLT

CBOE 30yr T-bond treasury yield index

  • since my previous post on this subject, i have moved my est out when 30yr T-bond yield index $TYX would bottom from may-31-2013 to jun-14-2013.
  • tyx--x_weekly_20130501

notable 52 week highs

  • i have 1 notable high to mention based on my rather stringent criteria: $LNKD
  • i held $LNKD until today and sold for a good gain. great stock, great company but i’m bearish cyclical & aggressive growth equities & the major equity indexes until treasury yields reverse direction. i’ll look to possibly get back in $LNKD at that point.
  • lnkd_daily_20130501

trading outlook & equity positions

  • again, for the near-term, i’m bearish major equity indexes as well as cyclical & aggressive growth sectors in particular until there’s more visibility with interest rates change momentum going back higher. i am long a few remaining equities at the moment (see finviz charts & data): $AMT $ANSS $ASML $AXP $C $CCI $CHD $DE $DTE $DXPE $GMCR $HES $PAA $PNC $PVH $TDG $TGI $TRIP. i may add to defensive related equities like consumer staples, health care, utilities & such. 
  • i am short-term long the following bond related etfs (see finviz charts & info): $BOND $LQD $LTPZ $PDI $TLT and will likely add to them on dips of these holdings until risk-on sentiment has returned to the market – when bond yields change momentum.

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