Monday, March 26, 2012

March 26 Evening Thread

I wanted to highlight OSIS.  It is in a daily volatility squeeze where it is just breaking out.  You can see it has been consolidating on declining volume and is breaking out on higher volume.  Even through the consolidation the Macd has been pegged as oversold.  I am long a small position.  

The weekly chart shows the current rise.

OSI Systems, Inc., together with its subsidiaries, designs and manufactures electronic systems and components for homeland security, healthcare, defense, and aerospace markets worldwide. The company operates in three divisions: Security, Healthcare, and Optoelectronics and Manufacturing. The Security division provides security and inspection systems under the Rapiscan Systems name. Its products include baggage and parcel inspection, cargo and vehicle inspection, hold baggage screening, and people screening products to search for weapons, explosives, drugs, and other contraband, as well as for the verification of cargo manifests for monitoring the export and import of controlled materials. This division also offers various turn-key security screening solutions under the S2 trade name. The Healthcare division provides patient monitoring, diagnostic cardiology, and anesthesia delivery and ventilation systems under the Spacelabs name that are used in critical care, emergency, and perioperative areas within hospitals, as well as physician’s offices, medical clinics, and ambulatory surgery centers. The Optoelectronics and Manufacturing division offers optoelectronic devices for the aerospace and defense, avionics, medical imaging and diagnostic, renewable energy, biochemistry analysis, pharmaceutical, nanotechnology, telecommunications, construction, and homeland security markets under the OSI Optoelectronics name; and electronics manufacturing services to original equipment manufacturers under the OSI Electronics name. This division also provides laser-based remote sensing devices to detect and classify vehicles in toll and traffic management systems under the OSI Laserscan name; blood pressure cuffs and unifusors under the Statcorp Medical name; and solid-state laser products for aerospace, defense, telecommunication, and medical applications under the OSI LaserDiode trade name. The company was founded in 1987 and is headquartered in Hawthorne, California

Monday Afternoon Thread

ALLT Daily Chart (as of 11:30 EDT)
We haven't talked about this one in a long time.  I think it was originally a beaky mention but IBD mentioned it in a positive way in today's print edition.  It move up on big volume (3/13) and then printed a little bull flag.  Now it's on the move again.

The company is a network security play.  They do deep packet inspection and that is a hot area.

Monday Morning Thread

LNKD Daily chart


LNKD broke out on strong volume last Wednesday from an extended base on base. The immediate catalyst was an upgrade from GS. The breakout was in some question with the tombstone doji on Wednesday, but Thursday and Friday it consolidated the position trading back and forth across the 100 mark on declining volume. This is the kind of volume you want to see in a consolidation from a breakout.


I got nervous and took some profits on a portion of my position on Thursday when the stock opened lower into the gap but I will buy back if it dips again, or higher if I have to. I look to hold this stock through the Facebook IPO and I believe it will be the subject of "window dressing" accumulation. Year to date LNKD is up 57.91%, which is ahead of both PCLN (up 52.87%) and AAPL (up 47.17%)