Tuesday, November 8, 2011

Tuesdays Gameplan

Longs:M, ESRX

Breakouts: x (IDB R=28.50 S=26.50), AKAM (IDB R=30.00 S=29.00), HON>54.00, SBUX (IDB R=44.75 S=43.75), AXP>52.50 (HBO), AGCO>46.50,DD>49.00,QCOM>57.00, TRV>58.65, SNDK >53.50

Shorts: VLO, SLW, NEM

Notes:

Premarket SPY higher, if it holds during the opening range, I would expect today to be a broadbased trend day up. If it come back into the previous range, anything possible.

XLB,XLI,XLK Strongest this weak
XLU,XLV,XLF

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