Many apologies for getting this out late but something came up so it’s going to be short and to the point.

As always, volume confirms my buy/sell triggers. If the market decides it likes the news from overseas and the market rips higher here are the longs I will be interested in.

Longs

SNA – Watching $63.75

ALXN – Watching $95.05

BLL – Nice ascending triangle. $43.70

APA – Possibly clearing this descending trend line. $88.00

BRK.B – Testing $82.42.

AMT – $68.55

If the market decides Europe still sucks shit and we get a repeat of last Sundays move the following shorts will be on my radar.

Shorts

NKE – Testing this rising trend line. If it rolls over and continues to the downside I would set my stop at $103.25.

LULU – Sold off all last week. Still has an open gap at $54.08. Keep an eye on it.

CMG – Been working nicely in this descending triangle for weeks. Continues to offer low risk/reward entries testing that trend line.

LQDT – Failed the rising trend line on above average volume.

Ok, that’s it. I am switching brokerages this week so I am going to be relatively light but will post charts and do a proper post here throughout the week.

Happy Father’s Day, Motherfuckers,

@AffluenzaVirus