FAS plenty of room to the upside. Create long basket with this. MBI breakaway gap? Watch AGM, ACI SKF break below $100 pending…. CSUN watch closely DRYS target $18.50 EBAY – S2 in place, shallow but potent target ~$20. N/L ~$15.30 AAPL, GOOG multiple b/o’s. Watch for shakeout/recovery. MCHP, MRVL, NVDA, RIMM rally in progress SPY [...]
January 2 AIG Commodity Index confirms bottom ACI immediate buy CAT, CLF What’s going on with CCRT? CMDTY: AKS- good S2.. Follow up on nat. gas stocks: CHK, CNX, EOG Watch Solar SPY traded through d/t line on rising volume. Is this a trap? 50dEMA $91.75 CME going to top range ~$265 AAPL $85 not [...]
Week of December 22 to January 2 Dow INDU flashing TD13m. Continue monitoring, need more color. I haven’t seen this model flash green on the Industrials before using such a slow scale. Resolution to 9100 or 7650. Development to watch closely. Play continues in Basic Materials (IYM): AA, Airlines still in tight consolidation. Wait for [...]
Week of Nov. 24 FRI: Is it a coincidence Oil & Gas bottomed on election day? DFG- Trgt’s 13.50, 14.50, 20 DIG- $50 Tech leading this charge. Tier 2 Stocks: BRCM- 2x bottom near completion. Bullish volume. TD buy signal, d-SAR Long. Breakout >18. EBAY- Recovered secondary trendline. Mulitple buy signals. Above 13.70. Trend channel [...]
