Wednesdays Game Plan

The QQQQ and the semiconductors led the market rally today after the SPX closed near its highs for the day. Gold demonstrated weakness, current prices at the time of this writings are at $1325 per ounce. I will continue looking at the QQQQ's today after it lead the market yesterday. I will keep a particular eye on SMH. XLF was weak yesterday as it didnt participate in the market rally which could prove to be a weak sign today.

Longs:

NVDA
CIEN
KLAC
ADBE
TXN
HON
XOM
SLB

Breakouts:

LRCX
MS

Short:

GG
AUY