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* Today's Sector Analysis: "Electronics  " Institutional Technical Viewpoint
Buy Alert!
Int'l Business Machines
(IBM):
$199.25 Stop. $196.50 P-Stop $216.00 P-Objective
Dow Jones Ind: 13,096.17 plus217.29 points Aug 3, 2012 * Price Objective: 13,850
Volume Two No. 2440
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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
8/6/12
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PRICE
OBJ
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CLOSE
PRICE
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AAWW
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ATLAS AIR WORLDWIDE HLDGS
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BUY!
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* RSI: 71.09
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$52.25
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$49.75
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$69.50
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$51.26
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ATNI
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ATLANTIC TELE-NETWORK
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BUY!
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* RSI: 65.76
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$39.50
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$37.50
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$48.00
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$39.36
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BRLI
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BIO-REFERENCE LABS INC
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BUY!
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* RSI: 60.28
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$27.25
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$25.25
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$42.50
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$26.86
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CACC
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CREDIT ACCEPTANCE CORPP
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BUY!
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RSI: 70.17
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$101.75
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$99.13
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$119.50
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$100.98
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* MFLX
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MULTI-FINELINE ELECTRONIX INC
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BUY!
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* RSI: 74.69
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$29.75
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$27.75
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$39.50
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$29.51
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MHP
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MCGRAW-HILL COMPANIES
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BUY!
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* RSI: 66.44
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$48.63
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$46.63
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$59.50
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$48.42
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VSAT
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VIASAT INC
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SELL!
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* RSI: 27.63
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$32.88
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$34.88
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$22.50
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$33.85
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WLK
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WESTLAKE CHEMICAL CORP
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BUY!
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* RSI: 75.43
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$66.75
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$64.25
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$77.50
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$66.06
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Electronics
FEIC: $53.13 IPGP: $58.50 MTSC: $49.63
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Buy Alerts
CFFC: $5.60 ECYT: $8.75 HRG: $9.70
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CBS CORPORATION
(CBS-NYSE):
Technical Viewpoint: From a low
of $30.73 on Jun 25, 2012 prices
rallied, reaching a
high of $33.11
on Jul 2, 2012. A
decline saw prices pull back, reaching a
low of
$29.85 on Jul 12, 2012.
Another rally saw prices penetrate
resistance, closing 8/3/12
at $35.06. Technicals: MACD Index (MACD): A Buy Alert!
was given on Jul 27, 2012 when the solid line crossed the dotted line to the upside.
Support: Remains at $32.66. Resistance: Is at None at current levels.
Point & Figure: Reversed to the upside on Jul 26, 2012. A P&F upside
reversal takes place at $33.00. Summary: Technical indicators have turned bullish. BUY! CBS CORPORATION
(CBS-NYSE) @ $35.25 Stop: Use a protective stop of $33.25.
CBS CORPORATION is currently trading @ $35.06 plus $2.02 on Aug 3, 2012. Price Objective:
$49.50. Risk/Reward: $2.00 VS. $14.25. Today's Risk Reward Ratio: 7:1
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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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