IIC's Winners Watchlists

[IIC]

Naz Futs down 27

[IIC]

Today's MoMo:

ELN JOYG BTHS OMTL AMXC UIC RIV ASY JPST

[IIC]

Support/Resistance For Thursday

Nasdaq

Resistance

1966-Medium
1935-1940
1919-Weak
1902
1892
1872-1877
1840
1821
1808
1783-Weak

Support

1770-1775-Weak
1755
1725
1630-1640
1598

QQQ

Resistance

34.85-Medium
34.40
34.05-Medium
33.60-Weak
33.40-Medium

Support

32.35
32.00-Weak
31.80-Weak

[IIC]

KMRT added to NAZ 100 on 8/19

[IIC]

Morning Watchlist:

JADE VRC TGT WMT ATEA PARS GERN IPIX AMCC MAMA URBN MICU KMRT AAP FOX ARXX AVT WGII CDWC

[IIC]

Today's MoMo: BMHC NVI FHRX ULGX PHI ARKR TLWT STSI NGA

Naz New Highs on at least 2x ADV: BMHC IIVI MDCC

Naz, High RS, New Highs on at least 1.5x ADV: BMHC

[IIC]

TOP STORIES

DELL 2Q MATCHES VIEWS; REVENUE CLIMBS 20%


Computer maker earnings per share grow 29% to $799 million, or 31c a share, in line with analysts' expectations, on strength in overseas shipments. Says 3Q earnings should come in around 33c a share, matching Wall Street forecasts. Shares edge higher in late trading.

NJ GOVERNOR TO RESIGN; HAD GAY AFFAIR

New Jersey Gov. James McGreevey, acknowledging in a dramatic televised news conference that he's "a gay American" who had an extramarital affair with another man, says he will leave office Nov. 15.

GOOGLE SAYS IPO TO OPEN TOMORROW

Internet search engine to begin taking bids for its initial public offering at 9 a.m. Friday. Deal expected to price in the middle of next week. Also, Google's co-founders talk about company in article for September issue of Playboy.

H-P RAISES YELLOW FLAG ON EARNINGS

H-P's shares drop 17% and three customer-solutions executives are replaced after computer maker's preliminary 3Q results miss forecasts. H-P blames weakness in computer and storage businesses and warns of more woes to come.

OIL SURGES ANEW ON IRAQ FIGHTING

Crude futures in New York set new record, surging to $45.70 a barrel, amid persisting fears of global supply disruption and worry heavy fighting between U.S. forces and Shiite militiamen in Iraq could bring Iraqi oil exports to a halt.

AGILENT SWINGS TO 3Q PROFIT, BACKS 4Q VIEWS

Agilent Technologies says strength in its test and measurement unit helped it post 3Q earnings of $100 million, reversing a loss of $1.56 billion a year earlier. Excluding items, EPS of 30c a share beats analysts' estimates by 2c.

CYBERONICS PURSUES DEPRESSION-DEVICE OK

Medical device firm will continue pursuing a depression indication for its vagus nerve stimulation device despite receiving a non-approvable letter from the FDA, which sent its shares down 40% in a day.

FED SAW VIGOROUS ECONOMIC GROWTH IN JUNE

Ahead of June rate hike, Fed minutes show policymakers were confident they had engineered a "vigorous" economic expansion but were unsure about how quickly inflation was likely to accelerate.

WAL-MART, TARGET UP ON STRONG 2Q EARNINGS

Shares of Wal-Mart add 2% after it reports 8.5% gain in profit and 11% rise in total revenue to $70.47 billion. Target's shares advance 5% after net rises almost three-fold, largely on sale of Marshall Field's to May Dept. Stores.

LATEST US DATA VALIDATE FED'S OPTIMISM

Retail sales rebound in July from a milder decline than previously thought in June and job layoffs dwindle, validating Fed's confidence economic recovery isn't fizzling. Also, business inventories grow at fastest pace in four years.

US TROOPS SEAL OFF PARTS OF NAJAF

U.S. troops unleash a major assault against Iraqi militants loyal to radical Shiite cleric Muqtada al-Sadr. Offensive threatens to inflame Iraq's Shiite majority and presents biggest test yet for Prime Minister Allawi's fledgling government.

S CAROLINA PREPARES FOR BONNIE, CHARLEY

State readies sandbags, posts flood watches and finalizes plans to deploy swift water boats in preparation for two tropical systems. Tropical Storm Bonnie made landfall on Florida's panhandle.

OIL WORKERS RETURN TO OFFSHORE GULF

Offshore workers begin returning to Gulf of Mexico and will be ramping up production back to normal levels over next day or so after twin tropical storms force most energy companies to evacuate and suspend some production.

MATCHNET WITHDRAWS IPO; CEO RESIGNS

Online matchmaker's CEO Todd Tappin resigns and company says it plans to cut 40 jobs, effective immediately. MatchNet says it withdrew plans for its initial public offering because of faltering market for Internet-related IPOs.

RF MICRO FALLS AFTER DOWNGRADE

Shares of semiconductor firm drop 5% after Deutsche Bank cuts its investment rating to sell from hold and lowers its 12-month price target to $3.50 from $6.

CYBERONICS CAPSIZES ON FDA DENIAL

Shares tumble 40% after medical device company gets non-approvable letter regarding its implantable device to treat depression. Letter comes as surprise because earlier this year, FDA advisory panel had recommended approval.

PEP BOYS DIVES ON 2Q MISS

Auto-parts retailer's shares slide 26% as Pep Boys swings to 2Q profit, but misses Wall Street expectations and posts decline in same-store service sales. Advance Auto Parts slips 1% after lowering its 3Q EPS forecast.

TIFFANY FALLS ON 2Q MISS, FORECAST

Shares lose 12% as jewelry retailer's 2Q earnings fall shy of analysts' expectations on declining sales in Japan and lower consolidated gross margin. Tiffany also lowers '05 earnings forecast.

INSURERS SETTLE MEDICARE SUIT FOR $20M

Travelers Insurance and United Healthcare settle civil Medicare fraud charges without admitting or denying wrongdoing. Travelers will pay $10.9 million, while United will pay $9.7 million.

ARCHIPELAGO TRADES HIGHER IN DEBUT

Stock exchange operator rises 3% after its IPO priced at $11.50, below recent expectations of $13.25-$15.25. IPO continues recent trend that has seen securities markets operate like real businesses rather than private organizations.



LATE TRADING
Red Robin, Weight Watchers Rise

Shares of Red Robin Gourmet Burgers rise after better-than-expected 2Q earnings and positive outlook. Weight Watchers gains on in-line 2Q earnings and full-year guidance.


POINT OF VIEW
Depends On What You Mean By Transitory

Fed's forecast that, despite some recent softness, a solid U.S. economic recovery is under way, leads Neal Lipschutz to ask: When does transitory turn into its equally vague but opposite number, long term?

============ U.S. MARKETS ACTION ===========
DJIA down 123.73 points to 9814.59
NASDAQ down 29.93 points to 1752.49
S&P 500 down 12.56 points to 1063.23
10-year T-note up 6/32 at 103 31/32 yield 4.248
NYMEX Spot Crude up $0.70 at $45.50/bbl at close
Dollar/Euro down 0.0003 at 1.2249

[IIC]

Support/Resistance For Friday

Nasdaq

Resistance

1966-Medium
1935
1919
1898-1903
1877
1840
1821
1802
1786
1755-Weak

Support

1720-1725
1630-1640
1598

QQQ

Resistance

34.90-Medium
34.40
34.05-Medium
33.60
33.35
32.95

Support

32.35
32.00-Weak
31.80-Weak

[IIC]

Tokyo Down almost 2%

http://trimurl.com/EO

Naz Futs +4.5

[IIC]

Morning Watch: SNDK DTAS BRCD A TEVA SCSC RRGB ISLE PTN BEAS OVTI AAC

[IIC]

NAZ 30 day A/D and U/D

[IIC]

Friday's MoMo:

CECX IST MDR STSI DEVC EVST NVI FVE EURO MIND

This will be the last MoMo List till next Sunday. I'm sure you are all disappointed

I'm going away Monday afternoon till Saturday night and I don't think they have computers in Texas

Good Luck to all!!!

[IIC]

Below are some stocks that moved on volume yesterday from both the Daily Top Groups and The Bottom Groups:

The first % is the day's gain. The second % is the vol vs. ADV.(Example: 100% = 2x ADV)

Top Groups:

[code:1:6d2bcce262]ADAT 10.4% 149%
DPTR 6.0% 19%
KSS 5.5% 87%
DELL 4.2% 189%
TGT 2.5% 16%
ZTEL 19.4% 82%
TGC 13.0% 5%
IVAN 12.8% 27%
CTEL 11.0% 295%
CCUR 8.5% 32%
KSS 5.5% 87%
IMO 2.5% 30%[/code:1:6d2bcce262]


Bottom Groups:

[code:1:6d2bcce262]
SCSC 12.3% 353%
DIGE 11.5% 399%
DSCO 11.3% 98%
LXK 4.7% 86%
RNR 1.6% 37%
EXEG 35.1% 66%
NASI 18.4% 5%
PFCO 14.2% 7%
LXK 4.7% 86%
PMSI 4.4% 4%[/code:1:6d2bcce262]

[IIC]

[Karel]

Friday's MoMo:

CECX IST MDR STSI DEVC EVST NVI FVE EURO MIND

This will be the last MoMo List till next Sunday. I'm sure you are all disappointed

I'm going away Monday afternoon till Saturday night and I don't think they have computers in Texas

Good Luck to all!!!

Well! Mr. Breakout breaks out himself! Have a good time!

Regards,

Karel