Tuesday, February 14, 2012

Tuesdays Gameplan

Longs: X (29.00), DD (50.50), NTAP (39.00), ANR (20.00)

Breakouts: JDSU (NR7 R=14.25 S=14.00), KSS>50.50, UAL (R=24.00 S=23.50), AKAM (R=38.00 S=39.00), YUM (R=65.00 S=64.50), CDE<26.75, ANR<20.00

Shorts: JPM (38.50), PM (81.50), LOW (27.50)

Notes:

Few setups as the market consolidates in anticipation of a catalyst.

We have Retail Sales and Core Retail numbers coming out today along with Geithner speaking.

Quant analysis is bearish.

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