Mashed Up

We are still mashed up between the 20 and 50 day moving average on the $SPX, and we still have this bear flag to deal with. Today’s move is helping keep the bears at bay, and I’m using the 50 day MA as my line in the sand:

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I went ahead and took on two new positions today: $LGF & $ZNGA. I tried ZNGA first thing this morning, but was quickly stopped out. I decided to give it one more try because I like the potential for a squeeze here.

Other names on my radar include: $GMXR, $DWRE, $DATE, $STAA, $VRML, & VHC