Top 10 Weekly Watchlist:
- S&P 500, bullish if stays above 825
- $TRANS, watch for a significant breakdown @ 2,900
- VIX, breakdown below $46
- EGO, long above $8.15
- SLW, long above $7
- USO, long above $33
- PALM, watch for breakout or breakdown
- S, watch for strength
- GME, long above $26.50
- GS, short on financial weakness
Agreed with GS! It’s gross, ridiculously overbought on Friday off the opened and it was up $3! FAZ position build up until Wednesday for the WFC earnings, no doubt.
ZM
nice thanks great help as always THANKS
thanks
VIX broke down, market is up. USO broke out above $33, EGO & SLW also looking good.
RC, are you dumping you PALM short?
nope.
I currently have both faz and fas positions of equal size. Wtf am I doing?
RC
Are you still in GOOG after today?
And did you use this opp to pick up more RIMM ? or are you staying the hell away from it for a bit? Rimm can be a scary frickin’ stock. But it did close above $50.50 which I believe is fairly decent. and has held over $50 for a while now. Suffered from a real ‘Sell the News” day today…
But the 4th horseman’s earnings are still coming up.. could still boost the others if it’s a surprise I guess..
any ridiculous superbowl plays in the pipeline? as silly as it sounds, I may grab some KO soon.. a couple of new commercials coming out during the game… and earnings feb. 14.. don’t think it will make new lows b-4 earnings.
RCeeeeee.
Whaddayaknow, the refinahs still going strong.
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Love that HES! Been a busy day at work, updates later tonight.
Still own some GOOG, and did not jump back in RIMM.
FWIW, RIMM is still in its’ upwardly sloping channel, and bounced off the bottom of it today.
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