Take a look at Dell, I love it over $11
Pick courtesy of one of the hotest hands in The PPT, Iwin.
Disclaimer: long DELL
Comments »You Deserve A Steak
From [[Ruth]]. I’ve been long this stock a little over a week now, and it looks like it is about to pay dividends.
Update: Downtrend broken, I’m looking for a move up to the 200 day around $2.50
S&P Update
The bears got exactly what they wanted, everything they wanted to see, happened today. The bears have an opportunity to run with the ball here, but will they?
Looking at the chart below, we have a successful retest back to the trendline break along with a mini head and shouders pattern.
This Looks about as bearish as a bear can be, however we did have some good reports after the bell: [[CMG]], [[EBAY]], [[BRCM]], [[AAPL]], & [[YUM]]. It will be interesting to see how this plays out.
Comments »I Owe Chart Addict a CAR
I’ve been hanging out/trading along side of Mr. Chart Addict for the last few weeks. I’ve got to say, this cat has some serious game. He was the brains for a lot of the small cap plays I’ve been banging out recently, and he brought to my attention another one today, CAR.
Take a look, it’s a beauty!
I’m looking for a move to the 200 Day around 2.80
Disclaimer: Long CAR
Comments »S&P Wedge Break Retest
Things are looking good this morning, but before you get all excited and start adding to positions, just understand the bears are licking their chops right now as we retest the wedge break from Monday.
Just something to watch.
Comments »Nightly Charts
Sticking with Fly’s theme tonight, let’s look at a few names that could rip given a possible short squeeze scenario.
[[BKS]] looks good over $23.88.
