I will not be around much the next few days as I prepare to witness my New Orleans Saints, live in the Superdome, advance to the NFC Championship game. For those that don’t Know, RC is a huge Saints fan and have been with the team through thick and thin. It’s great to see Drew Brees carry the city of New Orleans (my hometown), on his back, and bring the city back to life. Excitement is back in the city, Mardi Gras is right around the corner, and NEW ORLEANS is back.
Ok, back to stocks. Here are some things to look for on Firday
Watch oil here, on weakness you will see “BTFO” moves in a few airlines. Check out these beauties:
Continental Airlines, Inc. [[CAL]]
UAL Corporation [[UAUA]]
US Airways Group, Inc. [[LCC]] One of Tradermarket24/7 favorites
JakeGint likes the financials here, Chuck likes Citigroup Inc. [[C]] , and RC is on the lookout for the best chart in the group. I caught a crazy move in Pacific Capital Bancorp [[PCBC]] today, my man TMI24/7 caught a crazy move in Gramercy Capital Corp. [[GKK]] , and I believe more “BTFO” moves are to follow.
Your homework tonight/this morning will be to scan the financals for the best looking chart. I will be out most of the day, but feel free to share your results in the comment section. I will post a few myself.Facebook page