Long Focus:
NTES
Other Long Charts of Interest:
GLD, VFC, JAZZ, BIDU, BTU, FSLR, WFMI, TPX, XLE, NFLX, TSCO, XLE, GILD, HLF, RRC, OPEN, MCP, SMH, SINA
Short Focus:
PRU
Other short charts of interest:
CYH, PENN, MOS, EQIX, RTN, …
Long Focus:
VFC
Other Long Charts of Interest:
JAZZ, BIDU, BTU, FSLR, WFMI, TPX, XLE, ANN, NFLX, TSCO, XLE, GILD, HLF, RRC, OPEN, MCP, SMH
Short Focus:
QID
PRU
Other short charts of interest:
PENN, MOS, EQIX, RTN, MAN, FFIV, …
Long Focus:
JAZZ: This can be a thin trader so be careful, but the daily looks explosive it breaks to new daily highs. The key daily high level is yesterday’s high of 30.08. The prior daily highs that could be …
Long Focus:
JAZZ
Other Long Charts of Interest:
WFMI, TPX, CSX, TSCO, XLE, CNX, COG, OIH, CAT, NSC
Short Focus:
PENN:
Other short charts of interest:
EQIX, RTN, FO, BDX, MHS, COH, MAN, RIMM, MOS, AGU, FWLT, FFIV, AMT…
Market Comments: Keep in mind that it is Friday and options expiration. This could lead to choppy action. There are lots of inside days so watch for breakouts beyond the inside day ranges and the range of their outside day. …
Today was the live training so the list is abbreviated
Long Focus:
FDX, CAT, FCX, XLE, WFMI, CNX, CHK, BRKS, COG, TPX, JAZZ, JCP, FSLR, ARUN, OIH, XLE, NFLX,
Short Focus:
V, PENN, MAN, RIMM, MHS, GS…
Long Focus:
The main basis for a long is a strong daily chart. A few have negative pivot stack (they are indicated with a “*”), but have potential if the market bounces.
WFMI: Broke out of a daily consolidation,but could …
Market Comments: Crisis in Japan will cause markets to gap down huge. With 3 of the 4 market watch charts gapping from just below the 50-day MA’s this represents a hard break of a long standing up sloping 50-day MA …
Focus Long:
AAPL: Bullish engulfing pattern on the 50-day MA must be watched for a trade long. Watch for key daily resistance levels at 354.76 and 357.40.
- Trade OR breakouts over FTP, 349.78
- Trade OR Reversals over FTP, …
Market Commentary: The markets are at key support levels. If we break it a short, if we hold there will be long opportunities. It is a day to be nimble!
Long Focus:
PLL: Gapping to new highs and out of …