Wednesdays Gameplan

Longs: X (27.50), ANR (19.50), C (31.50), RIMM (14.50), KSS

Breakouts: UAL>24.00, LOW>27.50, AMGN (R=68.00 S=67.50), AKAM (R=38.75 S=38.00), TMO (R=57.50 S=55.00), SWN>34.75, COP>74.00, CIEN>17.00, ESRX>52.50, CELG>74.50


Shorts: TPX (74.00), PM (82.00), CELG (74.50), UNH (54.50)


Notes:

XLP, XLV Strong as investors get defensive. While gold had two inside days at support.

Key level in SPY is 135.50 and 134.25. QQQ has already taken off.

VIX@19.50

Quant studies are short term bearish