Longs: MS (15.00), BBY (23.00)
Breakouts: SLW( IDB R= 29.25 S=28.50), UAL>22.00, X>26.25 (HBO), TSO>22.50, CHK<22.50, KO>67.75, NVDA<13.50, FCX<36.50, PM>76.75, AKAM<26.25, GDX>53.25,
Notes:
BBY will soon explode.
USD strong as the SPY continuous to consolidate, I don't expect it to take out either extreme this due to the holidays. Should it take out either extreme, I expect prices to reverse and revert back to the mean.
VIX is holding below its 200 SMA at 24.29
Sunday, December 18, 2011
Thursday, December 15, 2011
Thursdays Gameplan
Longs: COST (82.30 & 50% retracement level), INTC (23.00), KLAC (45.50, 50 SMA & 50% retracement level), VIAB (42.00), HON (51.50), ALTR (33.80 & 66% retracement level, very clean setup), CDE (25.00).
Breakouts: NTAP<36.50, AGCO<40.50, CHK>22.50.
Notes:
KLAC - Best setup
Breakouts: NTAP<36.50, AGCO<40.50, CHK>22.50.
Notes:
KLAC - Best setup
Wednesday, December 14, 2011
Wednesdays Gameplan
Longs: CHK (23.50), KLAC (46.50), INTC (23.25), CIEN (11.25)
Breakouts: XOM<79.50, POT<39.50, VIAB (IDB R=43.65 S= 42.85), QCOM<53.75, KSS<50.00, HAL<31.50, WDC<31.00, AKAM<26.25, SLW<30.50,UAL<19.50,
Shorts: SBIX (SWING), BBY
Notes:
SPY to open lower in no mans land, making it difficult to predict direction. A choppy session could be expected.
No major news reports or indicators coming out today.
VIX @ 25.00
Breakouts: XOM<79.50, POT<39.50, VIAB (IDB R=43.65 S= 42.85), QCOM<53.75, KSS<50.00, HAL<31.50, WDC<31.00, AKAM<26.25, SLW<30.50,UAL<19.50,
Shorts: SBIX (SWING), BBY
Notes:
SPY to open lower in no mans land, making it difficult to predict direction. A choppy session could be expected.
No major news reports or indicators coming out today.
VIX @ 25.00
Wednesday, December 7, 2011
Wednesdays Gameplan
Longs: LULU (45.00), AKAM, JDSU, NVDA,
Breakouts: HAL<35.00, COF>47.00, NVDA<15.10, AXP (IDB R=49.00 S=48.50), COP (IDB R=73.30 S=72.50), PM (IDB R=75.85 S=75.30), CE>47.00, WFC<26.50, DIS>37.40, C>30.00(Deathzone breakout), AGCO (IDB R=46.50 S=45.50),KSS (IDB R=51.00 S=50.40), UNH (IDB R=48.65 S=48.00), INTC>25.50
Notes:
SPX inside day at 200 SMA.
Nothing outperforming at the moment as the market remains in balance.
Breakouts: HAL<35.00, COF>47.00, NVDA<15.10, AXP (IDB R=49.00 S=48.50), COP (IDB R=73.30 S=72.50), PM (IDB R=75.85 S=75.30), CE>47.00, WFC<26.50, DIS>37.40, C>30.00(Deathzone breakout), AGCO (IDB R=46.50 S=45.50),KSS (IDB R=51.00 S=50.40), UNH (IDB R=48.65 S=48.00), INTC>25.50
Notes:
SPX inside day at 200 SMA.
Nothing outperforming at the moment as the market remains in balance.
Tuesday, December 6, 2011
Tuesdays Gameplan
Longs: SLW, POT, GG (50.00), M
Breakouts: UNH<48.00, ABT<54.00, COP>73.50, KSS (IDB R=51.00 S=50.25), AKAM (IDB R=29.75 S=29.00), SBUX>44.50, DIS>37.50, HON>55.50, CE>47.00, COF>47.25,KLAC>48.75,
Shorts: NVDA (swing short), SNDK
Breakouts: UNH<48.00, ABT<54.00, COP>73.50, KSS (IDB R=51.00 S=50.25), AKAM (IDB R=29.75 S=29.00), SBUX>44.50, DIS>37.50, HON>55.50, CE>47.00, COF>47.25,KLAC>48.75,
Shorts: NVDA (swing short), SNDK
Friday, December 2, 2011
Fridays Gameplan
Longs: BA
Breakouts: VIA.B>36.00, C (IDB R=27.20 S=26.60), AGCO (IDB R=46.00 S=45.00), AXP (IDB R= 48.00 S= 47.40), UNH>49.00, GG>54.00, AET>42.00, ALTR>38.00, X (IDB R=27.30 S=26.30), ABT>54.75,
Shorts: COP (72.00), SNDK (50.00), NVDA (16.00), ESRX, KLAC
Notes:
Look at M pinbar at resistance with below average volume.
Breakouts: VIA.B>36.00, C (IDB R=27.20 S=26.60), AGCO (IDB R=46.00 S=45.00), AXP (IDB R= 48.00 S= 47.40), UNH>49.00, GG>54.00, AET>42.00, ALTR>38.00, X (IDB R=27.30 S=26.30), ABT>54.75,
Shorts: COP (72.00), SNDK (50.00), NVDA (16.00), ESRX, KLAC
Notes:
Look at M pinbar at resistance with below average volume.
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