iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Charts

I will be throwing up a few charts throughout the day:

YHOO: Bouncing off the 50 day

ATVI: Resistance around $11

AGU: Like it above $40

AMSC breaking out:

GU: Bull flag

LDK: Having a tough time getting over the 50 day, but could rip if it can trade above it.

JASO: right at resistance

Be sure to check back for updates. Feel free to post what you’re watching in the comment section.

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8,000

Nothing pleases me more than seeing green on the screen. Unlike most of you guys out there, I actually would like to see this country prosper. Yes, it’s true that we needed a cleansing, but why do you guy wish death upon the world?

Now on to stocks, My positions in GOOG, WTI, DXO, UA are ripping, while my FAZ & DUG eat dirt. Solar seems to be consolidation it’s recent gains with JASO & LDK flat for the day. However, if you notice STP & WFR are hitting intraday highs. If I did not own any solar, I would be buying LDK or JASO right here, right now (proper stops in place).

I’m also watching a few potential breakout stocks like ATVI over $11, PALM, DELL, MA and a few others.

If I was heavy short and looking for a long here, I would go with WTI for oil or GOOG for tech, both are still buys in my book. If I was heavy long, I might nibble at FAZ for a hedge, financials are starting to pull back.

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Last Chance For Earl

If you missed the run in oil the past few weeks, you may get another chance to get in. I like Oil right here, right now, provided we stay above the 50 Day:

Note: Long DXO & WTI

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Gold Watch

GDX, the gold miners ETF, is on the verge on breaking out (hat tip to JakeGint). I will be watching for a breakout above $38.90.

I will also be looking for a breakout in AUY above $9.70:

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Grab Some Solar

The solar arena look ready for takeoff, it just has the feel of MoMo. This morning I dipped into a little LDK, and also upped my position in JASO around $3.40.

My favorites in the group: JASO, YGE, TSL, STP, & SOL.

Grab you some sun.

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