I bought Focus Media Holding Limited (ADR) [[FMCN]] @ 11.14
Comments »Lithium-based battery cells = Bull Market
These stocks are absolutely on fire. Take a strong look at this new IPO [[AONE]] . This is a name that can catch fire and needs to be monitored on a daily basis:
I noted in The PPT this morning that China BAK Battery Inc. [[CBAK]] is a name that just feels like momo, I’m looking for another move up to $5.25:
Don’t forget about Fly’s favorite, Sociedad Quimica y Minera (ADR) [[SQM]]
Also, Fuel-cell player [[HOKU]] , anounced good news today and ripped afterhours. Keep an eye on these clean energy plays, I can sense the Momo.
Comments »SAY YHOO DYNamite
I like Satyam Computer (ADR) [[SAY]] above its recent high @ 6.93:
Yahoo! Inc. [[YHOO]] looks about ready to break out above $17.80:
I like Dynegy Inc. [[DYN]] here above $2.50:
Comments »Still Watching Financials
Citigroup Inc. [[C]] Closed strong today and was active in after hours, the stockĀ is now above all of its short term moving averages and looks like it may head higher. I bought a little Citigroup Inc. [[C]] last week and so did a few gentlemen of The PPT.
Another one I’m looking to buy is Hartford Financial Services [[HIG]] , I like it with a break above $28.70
Ambac Financial Group, Inc. [[ABK]] also looks great here, take a look at the 30 day chart. The stocks is just about ready to breakout of this triangle pattern:
Comments »PQ Setting Up
Back from my mini vacation and back to work. It looks like I came back just in time along with the rest of the bulls as the market catches fire today. One stock high on my radar is PetroQuest Energy, Inc. [[PQ]] . I like it above $5.95:
I have a bunch of catching up to do, I’ll be back in a minute.
Comments »Vacation + Setups
The time has finally come for The Cajun to bask in the sun. 2009 just might have been my busiest year EVER for Mr. RC. From starting a small business, to moving into a home, to keeping up with this psychotic market, now is the time to clear my head.
I am headed to the beautiful beach in Florida tomorrow afternoon, for those wondering, and will be back Monday morning. But, before I go, I will leave you with a few setups.
This could be a long or short play depending on which way the flag breaks, there will be coin for the taking in MGM MIRAGE [[MGM]]
If the market looks weak, I like my chances being short Sigma Designs, Inc. [[SIGM]] for a few days, a bunch of overhead resistance up ahead:
If the market looks strong, and Research In Motion Limited (USA) [[RIMM]] juices tech, take a look at Nokia Corporation (ADR) [[NOK]] , love that inverse head and shoulders. I’m a buyer above $16:
And, check out Focus Media Holding Limited (ADR) [[FMCN]] first thing at the open. A stock that can close on its high on a close like we had after the FED meeting deserves to be monitored. Also, check out the volume, me likes some FMCN:
Off to spend this YRCW money! See you on Monday.
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