Google is Ready for Liftoff

The market is breaking out and Google Inc. [[GOOG]] is a few steps behind it. GOOG has always been a pretty good indicator of the overall market and with the strength today coupled with GOOG’s chart, I think the time is now to own a little GOOG. Watch for a breakout above $428:

Disclaimer: I own GOOG and it is my stock of the year. Click here 2009 stock of the year contest.

While we wait for the 2nd quater to end, I figure I would put up a few links worth bookmarking.

• Notable calls is a must read first thing in the morning.
• If you ever want quick access to see how the futures are trading, you can check them out on bloomberg.
• High flyers can be found here, chart toppers.
• You can find active options here.
• If you interested in finding out dates for earnings, click here.
• The NASDAQ heat map is a cool feature to find strong & weak stocks quickly.
• And for screens, as well as real time picks & expert advice you can always click The PPT (membership required).

[[CNXT]]

Disclaimer: Long CNXT

Here are a few banks that look ready to breakout based on techincal patterns:

Huntington Bancshares Incorporated [[HBAN]]

Fifth Third Bancorp [[FITB]]

Bank of America Corporation [[BAC]]

Wells Fargo & Company [[WFC]]

Earnings:

Monday:

• Apollo Group APOL
• H&R Block, Inc. HRB

Tuesday:

• Schnitzer Steel Industries, Inc. SCHN

Wednesday:

• Constellation Brands, Inc. STZ
• General Mills, Inc. GIS
• Lindsay Corporation LNN

Economic Calendar:

Tuesday:

• 9:00 AM Consumer Confidence
• 9:00 AM S&P/Case-Shiller Home Price Index
• 9:45 AM Chicago PMI

Wednesday:

• 8:15 AM ADP Employment Change
• 10:00 AM Construction Spending
• 10:00 AM ISM Index
• 10:00 AM Pending Home Sales
• 10:30 AM Crude Inventories
• 2:00 PM Auto Sales
• 2:00 PM Truck Sales

Thursday:

• 8:30 AM Average Workweek
• 8:30 AM Hourly Earnings
• 8:30 AM Initial Claims
• 8:30 AM Nonfarm Payrolls
• 8:30 AM Unemployment Rate
• 10:00 AM Factory Orders

View futures here.

A bunch of my picks come from custom PPT screens created by myself as well as other users. You see, inside the matrix (AKA The PPT), you can easily develop custom screens as well as copy other screens that PPT members develop.

Every night I go through the list of screens with some of my favorite being: Alpha’s Go-Go Juice, Shit floats, & Cajun Fire.

With the futures moving higher, it has me looking to my pot of treasure, the Cajun Fire screen. Here are tonight’s results:

• [[DRYS]]
• [[SIRI]]
• [[LVS]]
• [[HBAN]]
• [[MGM]]
• [[DELL]]
• [[GNW]]
• [[MOT]]
• [[NOK]]
• [[EBAY]]
• [[GS]]
• [[STT]]
• [[NTAP]]
• [[AKS]]
• [[ODP]]
• [[RAD]]
• [[STLD]]
• [[KIM]]
• [[DD]]
• [[STP]]
• [[ALTR]]
• [[IP]]
• [[MT]]
• [[PNC]]
• [[DFS]]
• [[PCX]]
• [[PFG]]
• [[NEM]]
• [[CBG]]
• [[RFMD]]
• [[NSM]]
• [[JCP]]
• [[VIP]]
• [[CHS]]
• [[SLE]]
• [[TXT]]
• [[TER]]
• [[LEN]]
• [[TLAB]]
• [[NUE]]
• [[JCI]]
• [[GFI]]
• [[LDK]]
• [[TEVA]]
• [[EMR]]
• [[HCP]]
• [[SO]]
• [[CTSH]]
• [[BCS]]
• [[AEP]]

Going through the first few, I noticed [[DELL]] is a BTFO candidate & [[HBAN]] looks poised to move higher– I bought some calls in HBAN today (noted on PPT).

Now get to work, screen the list above for the best setups and you have your watchlist for tomorrow.

For those new to the site, The PPT is a premium service offered by iBankCoin.com. For more information on how to join, click here.