Tuesdays Gameplan

Longs: PM

Breakouts: NVDA>15.15, ALTR>35.75 (HBO), SBUX>42.50, KSS<51.50, QQQ>54.75 (HBO)

Shorts: JCP

Notes:

Very few setups, I wont force a trade in this environment.

UUP, TLT and SPY were all up.

CB Consumor confidence

Mondays Gameplan

Longs: KO (64.50), VIA.B, DD, DOW, ABT, X(22.00 & 66.6 Retracement level), NEM (63.50), AGCO (40.75), JCP (29.50), EBAY (28.00), POT, NVDA (13.85 Confluence)

Breakouts:PM<71.00, DIS<33.30, KSS<51.75, WDC<25.00

Shorts: INTC, BBY

Notes:

WMT range (57.40 - 56.40)

Saturation longs galore

New home sales report (XHB)

SPY - DIA - QQQ - IWM all in no mans land

Fridays Gameplan

Longs: AGCO, TRV (52.50 Red Dog), KSS (51.85), UAL(15.50 breakdown on below average volume), BA (62.00, support & 50% retracement), CHK (22.50),

Breakouts: NTAP (IDB R=35.00 R=34.25), EBAY<28.50, EBAY<33.30, DIS<33.30, NEM<64.00, COF<39.50, jpm<28.00,

Shorts: COP, VLO, XOM, JCP

Notes:

Market direction is down.

XLE-OIH-XOP-XLB Weakest RTH-XLV-XLP-XLI Less Weak

Wednesdays Gameplan

Longs: TRV (53.50), JCP (30.30), BA (64.00)

Breakouts: NVDA>15.00, WMT (IDB R=57.40 S=56.40), AXP (IDB R=46.25 S=45.50), DD (IDB R=46.00 S=45.00), MS>13.85, HON<50.50, BBY (IDB R=46.50 S=46.00), COP (IDB R=69.00 S=68.00), XOM<75.50, X (IDB R=25.00 S=23.50).

Shorts: SLW (32.50), COST (82.00)

Notes:

TRV - Ascending volume while narrowing range
JCP - Its a saturation long and not a breakout setup because the past few days had been declining on below average volume while approaching support. This makes the likelyhood of a successful breakdown minimal.
SPY - Its failure to breach 120.00 and cover the gap is bearish, and the longer we stay down higher, the higher the probability that we are heading south.

Tuesdays Gameplan

Longs: M, MCD,JCP, QCOM, SNDK (46.50), INTC (23.25), ESRX (42.00), RIMM

Breakouts:ABT<52.60, INTC<23.25

Notes:

Yesterday was a trigger long day in many of the stocks in my list.

XLF continous to be the weakest sector.

We do have the FOMC minutes tonight at 11.00 (GMT+4), which could result in a choppy market environment as investors wait for the event to take place.

Mondays Gameplan

Longs:UAL, AKAM, PCAR, JNPR, GG, DOW, NVDA, CIEN, CHK, BBY, RIMM, HAL

Breakouts: C (IDB R=26.75 S=25.75), COF (IDB R=42.00 S=41.00), DD (IDB R=46.75 S=46.00), TJX (IDB R=60.00 S=59.00), MS (IDB R=14.50 S=14.00), MCD (IDB R=93.00 S=92.00), ESRX<43.50, X<25.50, TSO (IDB R=24.25 S=23.25), SNDK<48.30 Notes: QQQ has taken out support but on below average volume. DIA>SPY>IWM>QQQ - DIA strongest & QQQ weakest.

Saturation longs galore, I have them in excess.

VIX@32.00

SPY (IDB R=122.75 S=121.50), DIA (121.00), QQQ already below key 56.00 level.

Fridays Gameplan

Longs: SLW,ESRX (42.00),DOW (26.00),AKAM,NEM,SBUX,DD(45.00),PCAR (39.00), UAL,COF,MCD

Breakouts: KLAC<45.00,SNDK<48.50,PM>72.50

Shorts: HAL,SWN,TRV

Notes:

Saturation longs

VIX at 34.00

3 Month Libor continues to make new highs

Oil < $100 per barrel

Todays a Friday, with investors probably wanting to cover their positions after two down days which makes me believe that today will probably be an up day.

Thursdays Gameplan

Longs: WMT, NTAP, ESRX, AXP, COF, C, VLO, TSO

Breakouts: PM<71.00, TRV<56.25, UNH<44.80

Shorts: EBAY, SWN

Swing shorts: HAL, PM, SNDK, EBAY, AET, VLO (All of these shorts should only be taken if they trade convincingly below yesterdays low).

Wednesdays Gameplan

Longs: INTC, KLAC,

Breakouts: JDSU (IDB R= 12.10 S=11.70), HAL>39.50, CPX (IDB R=35.00 S=34.00), AGCO>47.00, TJX>61.50, EBAY <30.75, MS<15.50, KSS>56.50, AET>42.00, ESRX< 46.25, JNPR>25.50,

Shorts: COST (84.50), COF

Notes:

COF, EBAY, AET

EUR/USD being pummeled.

QQQ, SMH and tech was the strongest yesterday led by INTC and Buffets positions in tech.

Mondays Gameplan

Longs: DOW, KLAC, TJX (Earnings)

Breakouts: AET>42.00, ALTR (IDB), AXP<49.00, BA>67.50, C(IDB), COST (IDB), JCP 34.00, JDSU (IDB), JNPR>25.50, KSS>56.50, SNDK>53.00

Shorts: CIEN (14.00), SBUX, SLW, UNH

Notes:

RTH and the retail sectors looks set to explode ahead of tomorrows economic number.

SPY looks set to explode from its wedge on the daily timeframe.

XLF looks to be amongst the weakest sectors.

TJX earnings.

I am mostly bullish in this environment but remain very cautious of any headline news from europe that may cause volatility making my trades more risky.

IWM>DIA>SPY>QQQ

Thursdays Gameplan

Longs: MCD (92.00), GG (51.00), NEM(68.00), ALTR (36.00),

Breakouts: ABT<52.70, SWN<40.00, AXP<49.00, SNDK<48.50, PCAR<41.50, EBAY<30.70,

Notes:

3 Month Libor at new high

VIX@36.00

Higher opening likely today in the SPY given how price has been acting premarket. A higher opening would be ideal for my breakdowns. The VIX remains at elevated levels making this market ver volatile. Gold has taken a hit premarket making saturation longs ideal.

Wednesdays Gameplan

Longs: HON, QCOM

Breakouts: JDSU>12.75, JNOR>25.50, BBY>27.50, EBAY>33.00, PCAR>44.20, KLAC>48.00,JCP>34.00, TRV>59.50, X (HBO R=28.50 S=27.00), TJX>61.25, SBUX>44.75, ALTR>39.00, RIMM (IDB R=19.00 S=18.50)

Shorts:ESRX (49.00), DD

Notes:

We might be starting a new bull market here, playing saturation shorts in this phase will probably blow on my face.

EBAY very fascinating pattern indeed.

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

Fridays Gameplan

Longs: TJX,

Breakouts: NTAP>42.00, COF>47.00, KLAC>48.00, PCAR>42.25, KO>69.00 (HBO), PEP>63.50, SBUX<40.70, UNH<46.00

Shorts: AKAM, EBAY, JCP(44.00), HON, ADBE, AXP, KSS, PM, NEM

Notes:

NFP Friday

Wednesdays Gameplan

Longs: UNH (SAT@46.00), DIS (SAT@33.00), AXP (SAT@49.00),

Breakouts: NVDA>14.30 (GAP FILL), EBAY<30.70, SBUX<41.00,

Notes:

Not many notable setups out there, I will be focusing mainly on saturation plays today.