[[CRM]] Good for about 5 points, short from $69
Comments »HRB: Covered @ 23.25
[[HRB]] Good for about a point Woody.
Comments »Morning Update
Does it surprise you that we’re up after the day we had yesterday? I shouldn’t. I need to put myself in strict day trader mode as I keep watching my gains disappear.
Just yesterday I had a nice gain in [[CHK]], but today is a differnet story. I’m still holding the stock as it sits on the 200 MA, but any lower and I will have to toss it out.
Oil broke support some minor support today, which should be bullish for the overall market– Keep an eye on it.
My shorts [[CRM]] & [[ENER]] seem to do the same thing everyday, pop at the open then fade. I’m starting to getting antsy with this ENER breakdown and may dump it today, same goes for [[CRM]].
Anybody watching [[USS]], it looks interesting. [[BWLD]] reports after the bell, I like it ahead of numbers. Ag received a nice pop at the open, but is now fading. I like the short setups from last night.
Comments »Ag is Dead!
MOS reports great numbers, yet gets murdered. Take a look at CMP after hours.
[[AGU]] near trendline violation:
I will be keeping a close eye on the sector tomorrow, short setups are everywhere.
Comments »Coal?
[[WLT]] reports great numbers after the bell (After Hours Quote), [[BUCY]] reports great numbers a few days ago, and Oil looks like it may bounce. If energy remains strong in the morning, [[PCX]] could gain steam:
On the other side of the coin, if the sector looks weak, BUCY could form a nice head and shoulders pattern.
Comments »Back to the Lows?
If so, wouldn’t you like to have some Oil & Gas. As the market pulls back from our “epic” monster short covering rally, it only seems natural that energy names bounce here.
My “fave 5” are: [[CHK]], [[RRC]], [[XTO]], [[HK]], & [[EOG]].
If you have no exposure to oil & gas, I recommend you look at one of the above names.
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