iBankCoin
Joined Jan 27, 2008
7,406 Blog Posts

Charts Charts Charts

Going through my custom screens inside The PPT, I am amazed at the quantity of charts setting up. Chinese burritos, Ag, solar, metals, & airlines continue to be smoking hot, even financails and real estate have been strong the past few days.

Could we be setting up for another move higher? Very possible, but the only thing that worries me are previous leaders like Goldman Sachs Group, Inc. [[GS]] & Apple Inc. [[AAPL]] . Maybe they’re just talking a breather, but I need to see the two get their act together before really getting behind the market.

Here are a bunch of bullish setups I will be watching tomorrow, I want to buy strength accompanied by volume.

I’ll start with metals/steel, a bunch of names are stating to show strength. [[GSI]] took off today, and I believe a lot of name are about to follow.

I like Fly’s buy in Century Aluminum Company [[CENX]] today, I’m a buyer on strength:

cenx

Gerdau SA (ADR) [[GGB]] looks great here, buy the strength:

ggb

How about a little Titanium Metals Corporation [[TIE]] in your life? Watch for a breakout:

tie

If you’re looking to play the airlines, look no further than Southwest Airlines Co. [[LUV]] . This one has yet to move like the rest, but I think the time might be right:

luv

Take a gander at Cal-Maine Foods, Inc. [[CALM]] , I think these eggs can move here:

calm

Watching China Sunergy Co., Ltd. (ADR) [[CSUN]] here, what’s not to like here– China+ Solar. I’m a buyer here with a stop right below the 50 day moving average:

csun

I’m embarrassed to say, but I bought some E TRADE Financial Corporation [[ETFC]] yesterday. The chart looks good here, a move above $1.75 is what I’m looking for:

etc1

Semis are gaining back some lost ground, take a look at the inverse head and shoulders on Marvell Technology Group Ltd. [[MRVL]] :

mrvl

Also, take a look at one of Fly’s fav [[ENTR]] :

entr

SMART Modular Technologies (WWH), Inc. [[SMOD]] , another semi, also looks good on strength:

smod

Where has Dinosaur trader been? His favorite stock Gaiam, Inc. [[GAIA]] is breaking out:

gaia

Fly, Henry, & a bunch of gentlemen inside The PPT, are on the U.S. Global Investors, Inc. [[GROW]] train, watch for a powerful move here:

grow

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11 comments

  1. Dr Fly

    I’m looking at homies now. Fuck , if airlines can run, so can they.

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  2. Dr Fly

    airlies have gone mad: CEA, ZNH, CAL, TAM. Too much.

    I am looking for new runners. Chinese ag is on fire. Love the YONG, CAGc, CGA trifecta.

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  3. dave121670

    Airline to buy = RJET. Profitable, low cost model, smart management, and friggin’ cheap.

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  4. Dr Fly

    Rjet looks good.

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  5. TA

    TIE is my favorite but there’s plenty of room in that triangle for another pullback before a real break out.
    Also like GROW but would like to see how the bull flag goes…

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  6. Teahouse On The Tracks
    Teahouse On The Tracks

    Thanks Dr Fly:

    http://ibankcoin.com/flyblog/2009/12/02/all-in/#comment-138158

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  7. rajusus

    Hi RC ,

    Nice call on YGE ..

    It is on fire again …

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  8. RC

    Yep, love it here, it’s not done yet.

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