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Technical Analysis with chessNwine

chessNwine
Full-time stock trader. Follow me here and on 12631
Joined Apr 1, 2010
8,861 Blog Posts

A Snapshot of a Slow Morning in the Stock Market

chessNwine Fri Dec 27, 2013 11:30am EST 10 Comments

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The major averages are up to a whole lot of nothing this morning, with mild weakness. TWTR is seeing some profit-taking but is still holding the lion’s share of recent gains.

Speaking of social media, SINA is distinguishing itself with a strong move higher, as it continued to hold $75 dating back several months.

And while I do not currently have any shorts on, keep an eye on F LULU is we do see further weakness in the tape for rollovers from bear flag.

What are you trading this morning?

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SINA

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F

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LULU

 

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10 comments

  1. green machine
    green machine
    December 27, 2013 at 11:40 am

    VLCCF

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  2. Ohbondkenobi
    Ohbondkenobi
    December 27, 2013 at 11:47 am

    Not so much trading as enjoying watching $SN regain its footing. Also looking at oversold REIT preferreds for income and mean reversion.
    I also bot $VLCCF yesterday.

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  3. Raul3
    Raul3
    December 27, 2013 at 11:48 am

    I feel really special today

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  4. bood
    bood
    December 27, 2013 at 11:54 am

    i just got in and out couple of names , the market don’t have the power to flush at the moment seems so . bought some $gale and $basi top of that .

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  5. UncleBuccs
    UncleBuccs
    December 27, 2013 at 12:05 pm

    Chess, with GOGO hitting $27 again today, I snagged a few puts..

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