On Monday, both Silver Standard Resources Inc. (USA) [[SSRI]] and Amylin Pharmaceuticals, Inc. [[AMLN]] stopped out. On Tuesday’s open, RenaissanceRe Holdings Ltd. [[RNR]] will be sold. These developments leave three open positions.
These 3 openings will be filled with Conseco, Inc. [[CNO]] , Lee Enterprises, Incorporated [[LEE]] , and [[TA]] .
Have a great day trading!
***Edit***
As TA is an AMEX listed stock, I will not be trading it, as these AMEX issues have been killing me with slippage. Instead, I will add Venoco, Inc. [[VQ]] , which is ranked 5th for today, with 4th being FST, which we are already long.
I know i haven’t been a loyal blogger, however, you all know that whenever i come around, i leave pot of gold.
I would like the gentlemen of ibankcoin to look at the EUR/JPY with a very technical weekly view.
What you will find is something of a bear trap that will start from the UK session tommorrow, and will last until the EUR/JPY shape changes from the concave up to a concave down rising pattern.
sorry usually id leave things in peanut gallery, but i cant seem to find the login to it.
Once again, id be thankful if you definitely pass this along to fly, jake, ragin, cuervo and the newer crew.
As long as EUR/JPY stays above 137.75 (+/- 25 pips) through tommorrow, the prospect of this becoming another bear slaughter is HIGH. Technically, EUR/JPY had broken a (weekly) rising wedge and is here to touch the top of the wedge, to once again fly upwards.