主题：04/09/2009 Market View -- 宁子

Upside:

Play Date: 04/10/2009

ATMI (ATMI, Inc.--$18.44; +1.91; optionable): Chip equipment

http://biz.yahoo.com/p/a/atmi.html

After Hours: $18.44

EARNINGS: 04/22/2009

STATUS: Flag breakout. ATMI broke out from a 3 month double bottom to start April then made a quick test last week to the highs in the base. It held, forming a flag test of the breakout move. Thursday ATMI jumped higher and continued the breakout, clearing the breakout closing high. Looking to move into ATMI this coming week. It may come back some early in the week to test the move a bit and if it does we will pick it up after the test that could happen intraday.

Volume: 305.916K Avg Volume: 333.765K

BUY POINT: $18.58 Volume=501K Target=$21.95 Stop=$17.28

POSITION: ASQ FW - June $17.50c (64 delta) &/or Stock

http://www.investmenthouse.com/cd/atmi.html

Play Date: 04/10/2009

BUCY (Bucyrus International--$18.58; +1.81; optionable): Cranes, draglines

http://biz.yahoo.com/p/b/bucy.html

After Hours: $18.56

EARNINGS: 04/23/2009

STATUS: Cup w/handle. BUCY has spent all 2009 forming a 13 week base. Nice handle this past week with a low volume fade to near support and then a breakout move Thursday on rising, above average volume. This is BUCY's first base coming off the bottom and the industrials are finally starting to make their move to join the rest of the market. Nice break higher Thursday as BUCY made a higher high on this run off the March low. Been awhile.

Volume: 3.467M Avg Volume: 2.86M

BUY POINT: $18.72 Volume=3.8M Target=$22.95 Stop=$17.41

POSITION: HBU GA - July $17.50c (65 delta) &/or Stock

http://www.investmenthouse.com/ci/bucy.html

Play Date: 04/10/2009

CHK (Chesapeake Energy--$20.70; +1.21; optionable): Natural gas exploration, production

http://biz.yahoo.com/p/c/chk.html

After Hours: $20.55

EARNINGS: 02/17/2009

STATUS: Trading range breakout. CHK bounced up and down in its 4 month trading range from 14 to 20 and then gapped out of the pattern Thursday. This move is a bit different from the prior up and down cycles in the trading range: on the last dip off the high it held midrange at the 50 day EMA (17.55) and rebounded immediately to the top of the range, tested, and broke higher. It could still fall back in but after this many cycles (4) the range tends to break down and with the market breaking higher it is logical for CHK to break higher as well. Thus looking to move in this week. It could test back to 20 first and if it does we will pick it up off that test. If not we can pick up positions from a continued move higher.

Volume: 17.319M Avg Volume: 17.257M

BUY POINT: $21.11 Volume=22M Target=$24.95 Stop=$19.63

POSITION: CHK GD - July $20c (62 delta) &/or Stock

http://www.investmenthouse.com/ci/chk.html

Play Date: 04/10/2009

PBR (Petroleo Brasileiro--$35.99; +1.98; optionable): Brazilian oil and gas

http://biz.yahoo.com/p/p/pbr.html

After Hours: $36.08

EARNINGS: 05/08/2009

STATUS: PBR is breaking over the 200 day SMA (35.45) after forming a short 3 week reverse head and shoulders pattern to consolidate the mid-March breakout from a cup with handle base. After nice low consolidation volume from the last week of April, trade surged Thursday as PBR broke through the 200 day. Strong action and looking to move in as PBR continues this move or on a possible early week test of the 200 day.

Volume: 31.547M Avg Volume: 27.263M

BUY POINT: $36.21 Volume=30M Target=$43.95 Stop=$33.88

POSITION: PBR GG - July $35c (61 delta) &/or Stock

http://www.investmenthouse.com/ci/pbr.html

Play Date: 04/10/2009

SLAB (Silicon Labs--$28.53; +1.37; optionable): Semiconductors

http://biz.yahoo.com/p/s/slab.html

After Hours: $28.53

EARNINGS: 02/04/2009

STATUS: Flying plateau. SLAB broke out from a 10 week Double bottom w/handle base in mid-March and then consolidated for three weeks with the current 26 to 28 trading range. Thursday it broke higher out of that range on rising, average trade. SLAB was a chip stock we played a lot back in the late 1990's and into 2000 and it looks to be ready to make a nice run for us here.

Volume: 934.191K Avg Volume: 909.697K

BUY POINT: $28.76 Volume=1.2M Target=$33.95 Stop=$26.75

POSITION: QFJ GE - July $25c (76 delta) &/or Stock

http://www.investmenthouse.com/ci/slab.html

Play Date: 04/10/2009

V (Visa, Inc.--$58.79; +0.97; optionable): Credit card services

http://biz.yahoo.com/p/v/v.html

After Hours: $58.64

EARNINGS: 04/29/2009

STATUS: Flag. V broke out form a 6 month consolidation just over a week back and ran right into the 200 day SMA (59.57) on the high. It tested this week, coming back to the 10 day EMA (57) on the low. As is often the case that sent V higher. It gapped upside Thursday on stronger, above average volume, hitting the 200 day on the high once more. Looking for a break through the 200 day to give us a buy off of this nice consolidation off the breakout move.

Volume: 11.448M Avg Volume: 9.846M

BUY POINT: $59.65 Volume=12M Target=$68.95 Stop=$56.89

POSITION: V FY - June $57.50c (60 delta) &/or Stock

http://www.investmenthouse.com/ci/v.html

Continuing Play Looking Ready:

Play Date: 04/04/2009

FDS (Factset Research--$48.22; +1.63; optionable): Computer software services

http://biz.yahoo.com/p/f/fds.html

After Hours: $48.22

EARNINGS: 03/17/2009

STATUS: Flag. FDS broke out from a 10 week base in mid-March and rallied up through the 200 day SMA (46.91). It has tested the past two weeks, falling through the 200 day this week but holding at the 18 day EMA (46.02). Thursday FDS gapped higher and back over the 200 day on rising, average trade. Good recovery and in excellent position now to resume the breakout. Ready to move in as FDS continues higher.

Volume: 856.22K Avg Volume: 848.735K

BUY POINT: $48.77 Volume=1.3M Target=$55.94 Stop=$46.78

POSITION: FDS FI - June $45c (64 delta) &/or Stock

http://www.investmenthouse.com/ci/fds.html