Evening Watch for Feb. 9th 2012

Mish Schneider | February 8, 2012

Tonight is a special video edition of the Evening Watch List. Also included below are my picks in text format.

Picks

IBB Thru R1
IYT Thru R1
GLD thru 170.14
Reversals on SMH XLE XLF
TBT add thru 19.50

Longs

NTAP Thru 40.08 though has + FTPs
PNC 3 days under FTP 1/2 over FT and 1/2 over today’s high Risk 60.00
FLR + FTPS and risk 58.34
NAV + FTPs Risk 46.12
COST 3 days under the FTP can buy ½ FTP  and ½ R1 Risk 10 DMA 83.85

Hon Mention Must Clear

RHT (R1)
LULU (65.45)
GS (117.28)

OR Reversal

NVLS
CAT
PANL
AGU

Shorts

CLR H60 trade-Must break 78.10 Risk against pivots or R1 Support at the 50 DMA
NFLX Risk today’s high or R1 Under today’s low 104.77 gap
TIF Risk point TBA Support 61.00
ATI Under 47.17 Risk 48.50 Target 42.00
EQT Reversal or Breakdown  Risk 50.68 Support 45.00

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