IIC's Winners Watchlists

[IIC]

Where do you get the First Call info, thanks.

If I told you then you wouldn't need me anymore...IIC

[IIC]

Today's MoMo...

SEB WCC PETD FDG TWI GDP WLV CFS

[IIC]

Nasdaq NMS New 52-Week Highs And Lows

.
New 52-Week Highs 50
AfrmtvIns n 15.30 EWBcp s 33.08 GlacierBcp s 28.62
NatrSunsh 16.00 RavenInd 38.00 UtdFire pfA 37.43
AmbasGp 27.25 EdgePete 19.81 HuntgBcsh 24.99
Navarre 15.60 RedRobin 32.95 UnvlStnlss 13.30
AmNatlIns 96.77 ElbitSys 22.72 Hydril 33.84
OculrSci 38.60 RepBcp s 14.24 UnizanFin 28.31
ApolloUofPhx A 94.46 Fastenal 62.29 IntrmagGen 37.70
PcificCon s 16.74 RushEnt A 14.08 Volvo ADS 36.32
AppldSignal 36.16 FstCharter 23.00 JAKKS Pac 21.02
PalmOne 39.60 S&T Bcp 32.74 WFS Fnl 50.98
AR Best 34.97 FstFedCap 28.40 JamesnInn pfS 20.00
PetrqstEngy 5.85 ScanSource 62.37 WintrstFnl 52.59
CalDiveInt 32.31 FstMutlBnc s 26.44 KTronInt 23.10
PFS Bcp Inc 21.11 Umpqua 22.98 YellowCp 42.00
CapAutReitpf n 27.00 FLIR Sys 57.38 LawsnPdts 38.66
PnclFnlPtnrs s 19.45 UtdFire 59.28 ZionsBcp 64.38
CmpsBcsh 44.14 GehlCo 21.49

New 52-Week Lows 130
AMIS Hldgs n 13.01 CellGenesys 7.80 Exide n 18.09
MRO Sftwr 10.50 PnclAir n 9.23 TaroPharm 33.55
APA Optics 1.38 ChrtrComm A 3.25 FFLC Bcp 24.50
MgmaDsgn 15.65 PowerDsine n 11.00 TeamFnl 10.45
ASE Tst 5.49 Cholestech 6.16 FrmrBros s 25.00
MainStRest 1.56 PraecisPharm 2.65 TlwstGlbl wi n 12.32
ATMI 20.01 CitrixSys 16.42 FrnklnBk n 14.33
MercInteract 35.37 PrgncPharm 12.41 TollgrdComm 8.36
AdvEngy 11.11 ClosureMed 20.21 GTX n 8.17
MrLyBrocade n 21.18 PyrmdBrew 2.02 TranSwitch 1.14
AmkorTch 4.90 Cohu 15.25 Genta 1.62
Micrel 8.99 Quixote 18.00 TriquintSemi 4.03
AnadysPharma n 6.14 CollaGenex 8.22 GeronCp 6.20
Aphton 3.03 CllgtFdngSvcs n 14.80 GigaMedia 0.80
MlnnumCell 1.40 Redenvelope n 7.82 UtdRetail 1.95
AppldFilm 19.75 Conexant 2.17 GuilfrdPharm 4.21
MillnmPhrm 10.49 RegenPharm 7.92 UTStarcom 24.90
ApldMatl 16.55 Corvis 1.10 HavenCapTr 11.90
MobiusMgt 5.06 RmedyTmp 9.41 VarianSemi 29.98
AppldMicro 3.39 CumulusMda 14.70 HumanGenom 9.55
MonolithicSys 4.74 ST Assmbly 6.97 Vasogen 3.96
AxedaSys 0.80 CyberGrd 6.32 IACInteractv wt 9.00
NeoMagic 1.35 SapiensInt 1.90 VicuronPharm 9.80
BancCp 6.13 Cymer 28.05 iGATE Cp 3.28
Neoware 6.30 Sigmatel n 15.80 VitalWorks 3.15
Bankrate 7.00 Cytokinetics n 9.00 Intel 22.51
NovellusSys 26.75 SiRFTchHldgs n 8.75 VitesseSemi 3.12
Biomira 0.95 DPAC Tech 0.41 InterMune 12.57
NVIDIA 14.66 SkywrkSol 6.98 VocalTec 1.85
BrlndSftwr 6.97 Drugstore.com 2.60 IntrntInt 2.36
1-800Contact 13.06 SpectraLink 8.83 Wavecom ADS 6.19
BraunCnsltg 1.15 DuPontPhoto 16.25 Intersectns n 19.61
OpticalCabl 4.20 StdMicsys 16.98 WirelessFac 8.00
BrcadeComm 4.62 DynavaxTech n 5.22 KosanBiosci 5.71
OrigenFnl n 6.96 StrategicDiag 3.55 WrldHeart n 1.65
Brooks Auto 15.25 Echelon 7.91 LTX 7.89
Oxigene 4.56
StridesJtblue n 23.32 Xenogen n 6.40
Bsquare 0.68 Electrolux 35.15 LogicVisn 2.40
PalmHarbor 14.81 SumtotalSys n 5.20 XyratexLtd n 10.50
CallidusSftwr n 4.10 Entegris 8.60 MCI n 15.80
PenwstPharm 9.50 Synopsys s 24.53 ZhoneTch n 2.50
CapCtyBk 34.49 ExactSciCrp 5.11 MKS Instr 13.25
Photronics 14.25

[IIC]

[code:1:a10f231920]Final Market Diaries: NYSE, Nasdaq, Amex 4:00 p.m. ET

. WED TUE WK AGO
NYSE Market Diary
Issues traded 3,427 3,420 3,427
Advances 729 1,914 1,570
Declines 2,573 1,342 1,689
Unchanged 125 164 168
New highs 114 107 94
New lows 39 36 43
zAdv vol (000) 270,937 974,340 577,132
zDecl vol (000) 1,400,888 443,101 872,424
zTotal vol (000) 1,678,415 1,444,915 1,459,989
Closing tick1 -289 +558 +731
Closing Arms2 (trin) 1.46 0.65 1.41
zBlock trades 27,764 23,678 25,610
Nasdaq Market Diary
Issues traded 3,226 3,250 3,244
Advances 747 2,095 1,142
Declines 2,322 991 1,915
Unchanged 157 164 187
New highs 50 30 22
New lows 130 105 118
Adv vol (000) 378,421 1,289,198 623,323
Decl vol (000) 1,646,421 232,487 1,398,375
Total vol (000) 2,037,694 1,547,132 2,050,889
Block trades n.a. 11,127 14,745
Amex Market Diary
Issues traded 979 956 974
Advances 267 451 382
Declines 624 407 487
Unchanged 88 98 105
New highs 16 14 20
New lows 27 28 23
zAdv vol (000) 8,464 30,500 16,368
zDecl vol (000) 51,249 15,515 39,931
zTotal vol (000) 60,914 48,766 57,561
Comp vol (000) 342,504 287,468 305,902
zBlock trades n.a. 833 1,029
z-NYSE or Amex only
c-correction, r-revised, n.a.-not available
[/code:1:a10f231920]

[Michaelk005]

NVDA made the 52 week low list again, ANy thoughts on when this thing might pull back around? When it does I'd like to ride the wave.

[IIC]

I'm not really looking at the semis lately...but when they come back...this one could make a nice rebound...unfortunately, that may be quite a ways down the road.

[IIC]

Naz Support/Resistance for Thursday:

Tonight I am going to pare this down some on the resistance levels...not much use in listing upper levels that we are not going to see for a while.

Resistance:

1999-Medium
1988
1980
1969
1961-Medium
1942
1935-Weak
1900-1908
1877

Support:

1865
1840

QQQ:

Resistance:

36.30
36.10-Medium
35.65
35.45
34.85-Medium

Support:

34.35
34.05

[IIC]

The U.S. Department of Defense announced the following contract Wednesday:

Raytheon Co. (RTN) received a $5.56 million cost-plus fixed-fee contract. The Cognitive Engine Technology program is a DARPA/IPTO funded architecture for cognitive information processing technology development program. This work will be complete by July 2006.

[IIC]

Morning Movers:


RYL COF NAVR SWKS SBUX LRCX VISG SYMC APSG

[IIC]

TOP STORIES

MICROSOFT 4Q EARNINGS MISS VIEWS BY A PENNY


Software giant reports 4Q net income of $2.69 billion, or 25c a share, as revenue increases 15% to $9.29 billion. Excluding items, earnings miss Wall Street expectations of 29c a share by a penny. Microsoft also cuts its earnings outlook for fiscal 2005 and says it expects 1Q revenue of $8.9 billion to $9 billion. Shares fall 3% in late trading.

AMAZON SWINGS TO PROFIT ON STRONG SALES

Swings to net profit of $76 million, or 18c a share versus net loss of $43 million in year ago period on a 26% sales jump fueled by low prices and free shipping. Results miss analyst views by a penny. Shares edge lower late.

CATERPILLAR FALLS ON MISSED VIEWS

Shares drop over 5% after earthmoving giant misses 2Q earnings views due to higher operating costs and greater inefficiencies with ramping up production. Caterpillar doesn't expect relief from higher materials costs for remainder of '04.

COCA-COLA 2Q EARNINGS JUMP 18%, TOPS VIEWS

Reports earnings per share of 65c, besting analysts' expectations by 2c, on revenue of $5.97 billion as operating income increases 13%, reflecting solid results in many key markets and a positive currency benefit. Worldwide unit case volume edges 1% higher.

9/11 PANEL SEEKS BROAD INTELLIGENCE OVERHAUL

U.S. government couldn't protect citizens from Sept. 11 terrorist attacks because it failed to appreciate threat posed by al-Qaida operatives, chairman of Sept. 11 commission says. Read Special Summary on panel report.

SEARS FALLS ON WEAK 2Q EARNINGS, OUTLOOK

Shares lose 2% after retailer posts 82% earnings plunge, blaming continued weak sales and inventory problems, charges to cut staff and lost revenue from divested businesses. Sears expects to break even or earn up to 10c a share in 3Q.

COMPUTER ASSOCIATES OPERATING NET TOPS VIEWS

Reports 1Q earnings of $53 million, or 9c a share, as revenue rises 9% to $860 million. Operating earnings of 21c a share top analysts estimates by 3c. But software maker cuts expectations for 2005 amid "challenging industry climate."

DOUBLECLICK FALLS ON WEAK 2Q

Internet advertising firm shares drop 13% late after earnings fall by a third to $3.88 million, or 3c a share, a penny below analysts' expectations. Revenue increases to $63.6 million, but is below DoubleClick's forecast for revenue of $70 million to $74 million.

JP MORGAN, APOLLO TO BUY AMC

Movie-theater chain AMC Entertainment to be acquired in deal valued at $1.67 billion by investment vehicle owned by J.P. Morgan Chase and private investment firm Apollo Management. AMC shares up 11%, near offer premium.

ECONOMIC INDEX SIGNALS WANING MOMENTUM

Conference Board's index of leading indicators declines 0.2% in June to 116.2, first decline since March 2003. Data show economy has lost some sizzle in recent weeks. Initial jobless claims drop 11,000, to 339,000, in week to July 17.

ITT EDUCATIONAL TO DISCLOSE PROBE COSTS

Shares drop 5% as company says costs associated with government inquiry involving falsification of student records are "much larger" than previously experienced. Reports 2Q net of $14 million as new student enrollment rises 18.4%.

AT&T NET DROPS 80%; SHARES DOWN

Shares slip 1% after telecom giant's 2Q net plummets, and it confirms plans to stop competing for residential customers, essentially ceding consumer phone market to rivals like SBC. AT&T bonds hit hard after Fitch cuts debt to junk.

WASHINGTON MUTUAL TO CUT 1,840 JOBS

Mortgage and financial company plans to close 100 retail mortgage offices in 17 "non-signature" markets in 3Q as it focuses on growth locations and will cut 1,840 jobs nationwide, bringing total number of job cuts to 2,500.

EBAY FALLS; 3Q FORECAST BELOW VIEWS

Shares of online auction giant drop 2% a day after it reports 2Q earnings before items ahead of analysts' expectations. But its raises 3Q forecast not significant enough for investors and is below Wall Street estimates.

MOLSON FAMILY BEHIND COORS DEAL

Executives tout the combination of their breweries as one of equals, and one that will allow the combined entity to better participate in the consolidating beer industry. Coors loses 2%; Molson up 4% in Canada.

NUCOR BENEFITS FROM MANUFACTURING UPTICK

Nucor's 2Q income soars to $251.4 million, or $3.17 a share, up from $8.4 million net last year, as U.S. manufacturing, mainly automotive and machinery, fuels demand and maintains pricing momentum. Shares edge higher.

IPOS STRUGGLE IN POOR SHOWING

Three of five companies to price initial public offerings today -- including the $1 billion deal for phone book company Dex Media -- price well below expectations, while the other two price at the bottom of estimates.

MCDONALD'S 2Q EARNINGS GROW 25%

McDonald's earns $590.7 million, or 47c a share, to match views. Revenue rises 10% to $4.73 billion. Company says it will invest $1.5 billion-$1.6 billion in its business in 2004. Shares flat.

VIACOM 2Q NET HELPED BY AD GAINS

Net income improves to $754 million, or 43c a share, on revenue of $6.8 billion. Viacom says ratings gains at its cable and broadcast networks set stage for advertising gains this year and next. Shares up 2%.

BLOCKBUSTER FALLS ON 2Q EARNINGS

Movie and game rental chain's shares drop 7% after net falls to $46.8 million, or 26c a share, one penny less than analysts' expectations. Blockbuster says it expects rental business to remain challenging through at least 1H of 2005.

OFFICE DEPOT 2Q TOPS VIEWS; SALES SLOWING

Shares lose 6% after company reports 34% gain in net to $79.9 million, or 25c a share, 2c better than views, but says recent sales have fallen below expectations. Also cuts size of Toys 'R' Us buy 40% to $120 million.



ADR REPORT
ADRs Recover From Sharp Selloff

ADRs end flat after Wednesday's sharp selloff, as Asian shares recover and Latin American issues are led lower by Brazilian companies. Latin American ADRs drop 0.92%, Asia index rises 0.40% and European issues inch up 0.05%.


SMALL CAPS
Shares Take Hits From Heavy Machinery Makers

Industrial stocks take swings at small-caps, which underperformed the overall market for a second straight session. Caterpillar 2Q earnings miss pulls down shares of heavy machinery makers, such as Manitowoc, which shed 0.7%.

============ U.S. MARKETS ACTION ===========
DJIA up 4.20 points to 10050.33
NASDAQ up 14.69 points to 1889.06
S&P 500 up 2.96 points to 1096.84
10-year T-note up 5/32 at 102 11/32 yield 4.451
NYMEX Spot Crude up $0.78 at $41.36/bbl at close
Dollar/Euro down 0.0001 at 1.2254

[IIC]

Today's MoMo...

FLIR OSTK CRDN BTHS ACSEF RMCF NTMD DDDC BBQZ WGA PQUE JOB

[IIC]

[code:1:4e9720f2c9]US Political, Economic Calendar - Week Ahead

.
All dates are in ET Time.

Friday, July 23, 2004
ET/GMT Expected Previous
0900/1300 Chicago Fed Pres Moskow speaks on the
economy at seminar in Chicago
N/A No economic data scheduled

Monday, July 26, 2004
ET/GMT Expected Previous
1000/1400 June Existing Home Sales +2.6%

Tuesday, July 27, 2004
ET/GMT Expected Previous
0745/1145 Jul 24 ICSC-UBS Store Sales Index +0.2%
0855/1255 Jul 24 Redbook Retail Sales -0.6%
1000/1400 June New Home Sales +14.8%
1000/1400 July Conference Board Consumer Confidence 101.9
Index
1830/2230 Jul 24 ABC/Money Magazine Consumer Confidence -7
Index

Wednesday, July 28, 2004
ET/GMT Expected Previous
0700/1100 MBA Refinancing Index -0.7%
0830/1230 June Durable Goods -1.8%
1400/1800 Fed's Beige Book

Thursday, July 29, 2004
ET/GMT Expected Previous
0830/1230 Jul 24 Initial Jobless Claims -11K
0830/1230 2Q Employment Cost Index +1.1%
1000/1400 June Conference Board Help Wanted Index +39
1000/1400 Jul 24 DJ-BTM Business Barometer -0.3%
1630/2030 Jul 24 Money Supply[/code:1:4e9720f2c9]

[IIC]

[code:1:9d420588a6]Final Market Diaries: NYSE, Nasdaq, Amex 4:00 p.m. ET

. THU WED WK AGO
NYSE Market Diary
Issues traded 3,416 3,427 3,387
Advances 1,281 729 1,747
Declines 1,974 2,573 1,476
Unchanged 161 125 164
New highs 21 114 107
New lows 80 39 40
zAdv vol (000) 743,719 270,937 552,580
zDecl vol (000) 908,973 1,400,888 815,989
zTotal vol (000) 1,664,321 1,678,415 1,393,549
Closing tick1 +172 -289 +544
Closing Arms2 (trin) 0.79 1.46 1.75
zBlock trades 27,455 27,764 23,476
Nasdaq Market Diary
Issues traded 3,301 3,226 3,224
Advances 1,326 747 1,527
Declines 1,798 2,322 1,536
Unchanged 177 157 161
New highs 20 50 29
New lows 198 130 97
Adv vol (000) 1,259,243 378,421 736,231
Decl vol (000) 595,610 1,646,421 836,956
Total vol (000) 1,905,395 2,037,694 1,621,856
Block trades n.a. 7,175 11,191
Amex Market Diary
Issues traded 972 979 953
Advances 335 267 403
Declines 553 624 455
Unchanged 84 88 95
New highs 5 16 22
New lows 49 27 22
zAdv vol (000) 43,127 8,464 16,745
zDecl vol (000) 21,742 51,249 32,121
zTotal vol (000) 66,393 60,914 50,317
Comp vol (000) 353,002 342,504 238,428
zBlock trades n.a. 1,085 893
z-NYSE or Amex only
c-correction, r-revised, n.a.-not available[/code:1:9d420588a6]

[IIC]

The U.S. Department of Defense announced the following contracts Thursday:

Boeing Corp. (BA) received a definitized, firm, fixed-price contract to provide for C-17 fleet sustainment. C-17 product support will be managed through a long term performance-based partnership between Boeing and the Air Force, which places all performance risk on the contractor or provide sustainment support at continuously raised benchmarked levels. Solicitation began in January 2003 and negotiations were completed in November 2003.

Raytheon Co. (RTN) received a $14.2 million, firm, fixed-price contract modification to provide for the purchase of 61 airborne integrated terminals, 38 radio controls units, 38 key fill panels, 38 shock mounting trays and 94 electro magnetic interference filters. This work will be complete by February 2006.

United Technologies Corp.'s (UTX) Pratt & Whitney received $9.67 million, firm, fixed-price contract to support equipment and spare parts for one year of Level 1 depot in Egypt for F100PW220E engine applicable to F16 aircraft. This work will be complete by November 2005.

BAE Systems PLC's (BA.LN) Austin, Texas unit received a $3.9 million increment as part of a $60 million cost-plus-incentive-fee contract for the Ground Standoff Mine Detection Systems Future Combat System. The work should be finished by June 30, 2011.

[IIC]

Naz Support/Resistance for Friday:

As I previously mentioned, I am going to pare this down some on the resistance levels...not much use in listing upper levels that we are not going to see for a while.

Resistance:

1999-Medium
1982
1970
1961-Medium
1935-1942-Weak
1902
1896

Support:

1877
1865
1853-Weak
1840

QQQ:

Resistance:

36.30
36.10
35.90
35.65
35.45-Weak
34.85

Support:

34.75
34.35
34.05