Tuesday, January 18, 2011

Tuesdays Game Plan

The EURO seems to be strong premarket and after the strong close on the SPY I will be paying extra attention to the long side today. Gold seems to have recovered abit premarket as some buying took place. I remain short gold stocks till proven differently. I will be looking at the SMH sector along with the oil sector for possible long as those two sectors have been the main reason behind the rally. The financials are always in play, I will also keep an eye on it as well.

Longs:

ALTR
COF
AET
NOV
BRCM
UNH
LLTC
SLB
WFC
HD
TXN

Breakouts:

AXP> 46.80
BK>32.70
BHI>59.80

Short:

AUY
GG
KGC
SLW
NEM
ABT

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