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* Today's Sector Analysis: "Drugs  " Institutional Technical Viewpoint
Buy Alert!
Amgen Inc
(AMGN):
$84.13 Stop. $81.38 P-Stop $99.50 P-Objective
Dow Jones Ind: 13,075.66 plus 187.73 points Jul 27, 2012 * Price Objective: 13,200
Volume Two No. 2439
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TICKER
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COMPANY NAME
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BUY!
SELL
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RSI INDEX
* OPTIONS
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ENTRY
PRICE
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STOPS
7/30/12
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PRICE
OBJ
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CLOSE
PRICE
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AON
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AON CORP
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BUY!
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* RSI: 65.78
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$49.75
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$47.75
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$62.50
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$49.32
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CVH
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CONENTRY HEALTH CARE
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BUY!
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* RSI: 62.75
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$34.25
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$32.25
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$46.00
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$34.07
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* GILD
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GILEAD SCIENCES INC
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BUY!
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* RSI: 68.06
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$55.63
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$53.13
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$74.50
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$55.50
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MMC
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MARSH & MCLENNAN COS INC
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BUY!
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* RSI: 63.19
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$33.63
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$31.63
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$44.00
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$33.36
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NWSA
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NEWS CORP INC
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BUY!
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* RSI: 69.96
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$23.63
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$21.63
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$35.00
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$23.38
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PCAR
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PACCAR INC
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BUY!
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* RSI: 65.92
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$41.13
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$39.13
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$52.00
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$40.80
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SSYS
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STRATASYS INC
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BUY!
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* RSI: 68.24
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$62.88
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$60.38
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$75.00
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$61.66
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WBC
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WABCO HOLDINGS
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BUY!
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* RSI: 66.08
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$57.38
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$54.88
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$72.50
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$56.96
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Drugs
CELG: $71.50 HLF: $54.13 XOMA: $3.91
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Buy Alerts
BRCX: $4.75 EGHT: $5.26 WIBC: $6.10
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BIDU INC
(BIDU-Nasdaq):
Technical Viewpoint: From a low
of $107.50 on Jun 28, 2012 prices
rallied, reaching a
high of $117.85
on Jul 5, 2012. A
decline saw prices pull back, reaching a
low of
$99.71 on Jul 17, 2012.
Another rally saw prices penetrate
resistance, closing 7/27/12
at $123.70. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jul 23, 2012 when the solid line crossed the dotted line to the upside.
Support: Remains at $116.00. Resistance: Is at $124.80.
Point & Figure: Reversed to the upside on Jul 18, 2012. A P&F upside
reversal takes place at $121.00. Summary: Technical indicators have turned bullish. BUY! BIDU INC
(BIDU-Nasdaq) @ $124.25 Stop: Use a protective stop of $121.25.
BIDU INC is currently trading @ $123.70 plus $5.08 on Jul 29, 2012. Price Objective:
$149.50. Risk/Reward: $3.00 VS. $25.25. Today's Risk Reward Ratio: 8:1
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DISCLAIMER: This report is not intended as an offering or a solicitation of an offer to buy or sell the securities and futures mentioned. While all information is derived from sources we deem reliable, we do not represent that it is accurate or complete. Such information and the opinions expressed are subject to change without notice. WALL STREET TRADER'S COLUMN™, its officers, stockholders, and employees and their families may have a long or short position in or may at any given time purchase or sell the securities or options relating thereto <
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