Tuesday's Game Plan

My levels from yesterday haven't changed in the SPY, I am still looking at 134.69 as resistance and 129.70 as support. Gold continued to surge over night making gold stocks very attractive today along with the energy sector. The SMH sector failed to rally yesterday was the weakest sector in the market, I will be looking to see if it persists today. The SMH sector is a part of the tech sector and if it continues to be weak, it could burden the market sending it down. The financial sector is still in no mans land here, reflecting no direction. At this stage, the XLF (financial ETF) has no order flow in one direction which in return reflects a balance in both buyers and seller.

Longs:

CDE
SLW
GG
CVX
DD
HON
QCOM
TWX
KLAC
HAL

Breakouts:

JNJ>61.80
COST>75.50
EMC>27.30
BK<30

AKAM<37.00
Shorts:

WMT
TGT
MGM
NTAP
BRCM