Stocks finished mixed today as Q3 earnings continue to be released. Of the 557 stocks analyzed, 218 advanced, 330 declined and the remaining 9 quivered in the corner by visions of what Merideth Whitney might do to them.
Despite the mixed day, and the cautiousness that most investors are approaching as it relates to upcoming earnings reports, the market strength is still very much evident with 94% of stocks above their 200-Day moving average and 80% above their 50-day.
What should you be watching for tomorrow…
Today’s report highlights all of the stocks that made a Bullish Crossover with respect to Stochastics.
Highlighting: Bed Bath & Beyond Inc. (NASDAQ:BBBY), JACOBS ENGINEERNG GP (NYSE:JEC), PULTE HOMES, INC. (NYSE:PHM), AT&T INC. (NYSE:T), UNITED STATES STEEL (NYSE:X)
Bed Bath & Beyond Inc. (BBBY)
36.72
-0.1 (-0.27%)
Support 2
Support 1
Pivot Point
Resistance 1
Resistance 2
36.29
36.50
36.80
37.01
37.31
Support & Resistance Analysis
Neutral
MACD Analysis
Positive/Decreasing
MACD
MACD vs. Signal
Below/Widening
0.059
RSI Analysis
Bearish
RSI
Stochastic (Fast) Analysis
Bullish Crossover
45.950
50-Day MA Analysis
Below 50-Day MA
%K (fast)
200-Day MA Analysis
Above 200-Day MA
25.000
Critical Level Analysis
JACOBS ENGINEERNG GP (JEC)
44.45
+ 0.37 (0.84%)
Support 2
Support 1
Pivot Point
Resistance 1
Resistance 2
43.12
43.79
44.19
44.86
45.26
Support & Resistance Analysis
Neutral
MACD Analysis
Negative/Increasing
MACD
MACD vs. Signal
Below/Thinning
-0.378
RSI Analysis
Below 50
RSI
Stochastic (Fast) Analysis
Bullish Crossover
45.893
50-Day MA Analysis
Below 50-Day MA
%K (fast)
200-Day MA Analysis
Above 200-Day MA
29.491
Critical Level Analysis
PULTE HOMES, INC. (PHM)
10.59
+ 0.24 (2.32%)
Support 2
Support 1
Pivot Point
Resistance 1
Resistance 2
9.98
10.29
10.58
10.89
11.18
Support & Resistance Analysis
Broke Lwr Resistance (1)
MACD Analysis
Negative/Increasing
MACD
MACD vs. Signal
Below/Thinning
-0.471
RSI Analysis
Below 50
RSI
Stochastic (Fast) Analysis
Bullish Crossover
39.714
50-Day MA Analysis
Below 50-Day MA
%K (fast)
200-Day MA Analysis
Above 200-Day MA
27.660
Critical Level Analysis
AT&T INC. (T)
25.9
+ 0.3 (1.17%)
Support 2
Support 1
Pivot Point
Resistance 1
Resistance 2
25.20
25.55
25.79
26.14
26.38
Support & Resistance Analysis
Broke Lwr Resistance (1)
MACD Analysis
Positive/Decreasing
MACD
MACD vs. Signal
Below/Thinning
0.024
RSI Analysis
Below 50
RSI
Stochastic (Fast) Analysis
Bullish Crossover
47.729
50-Day MA Analysis
Above 50-Day MA
%K (fast)
200-Day MA Analysis
Above 200-Day MA
21.296
Critical Level Analysis
UNITED STATES STEEL (X)
43.81
+ 1.4 (3.3%)
Support 2
Support 1
Pivot Point
Resistance 1
Resistance 2
41.10
42.46
43.21
44.57
45.32
Support & Resistance Analysis
Broke Lwr Resistance (1)
MACD Analysis
Negative/Increasing
MACD
MACD vs. Signal
Below/Thinning
-0.561
RSI Analysis
Below 50
RSI
Stochastic (Fast) Analysis
Bullish Crossover
47.796
50-Day MA Analysis
Below 50-Day MA
%K (fast)
200-Day MA Analysis
Above 200-Day MA
34.796
Critical Level Analysis
Tech Talk – By The Numbers is a supplement to current offerings from TimingTheMarket.ca and will be offered by Mr. Vialoux following each trading day.
Disclosure: Mr. Vialoux does not own securities mentioned in this report.
Disclaimer: Comments and opinions offered in this report at www.timingthemarket.ca are for information only. They should not be considered as advice to purchase or to sell mentioned securities. Data offered in this report is believed to be accurate, but is not guaranteed
If you’re in for the United States Steel (NYSE:X) play, a 10 year seasonality study has revealed a period of strength between the mid to end of October and ending at the beginning of June, resulting in a rate of return of 2681% if invested in each of those periods. This has resulted in a positive return in 9 of the last 10 periods.
Looking for something more guaranteed? If you invested on the 11th of November and sold on the 30th of December each year for the past ten years, you would have resulted in a ROR of 679% with a positive return in all of the past 10 periods.
Buy and Hold return over this same period was 108%
Hi Jon
Can you share with us similae seasonal INFO. for some other stocks (eg. exact BUY/SELL)dates as United Steel.
May I suggest that you write similar indepth analysis with one stock along witjh your
techniccal analysis.
Please keep up your excellent effort.
Thnaks
NG
ShareThis
October 13th, 2009 at 6:48 pm
If you’re in for the United States Steel (NYSE:X) play, a 10 year seasonality study has revealed a period of strength between the mid to end of October and ending at the beginning of June, resulting in a rate of return of 2681% if invested in each of those periods. This has resulted in a positive return in 9 of the last 10 periods.
Looking for something more guaranteed? If you invested on the 11th of November and sold on the 30th of December each year for the past ten years, you would have resulted in a ROR of 679% with a positive return in all of the past 10 periods.
Buy and Hold return over this same period was 108%
Jon
October 15th, 2009 at 6:55 am
Hi Jon
Can you share with us similae seasonal INFO. for some other stocks (eg. exact BUY/SELL)dates as United Steel.
May I suggest that you write similar indepth analysis with one stock along witjh your
techniccal analysis.
Please keep up your excellent effort.
Thnaks
NG