Two Stocks to Watch: RIMM & ISRG

The first is Intuitive Surgical, Inc. [[ISRG]] , the stock is near it’s all term high at $359.59, which will act as a pretty significant resistance point. I would be a buyer above that level along with overall market strength. However, should the market rollover, this one could be a good short with a clear exit point.

The next stock is Research In Motion Limited (USA) [[RIMM]] , my March madness pick, even though I lost in round one, I will still be talking about this one for the next few weeks, as it looks like we have a gap fill imminent.

If the market has a bullish tone in the morning, I will be quick to add to my position in Research In Motion Limited (USA) [[RIMM]]

Well, I got in late Sunday night and noticed I was knocked out in the first round by [[WEMU]] . This upsets me a bit as I take this tournament seriously, but Popimp had the better squad so I will take my loss like a gentleman.  I’m not sure what happened to Chuck’s opponent [[EMGI]] , but Chuck ended up winning by default. Next year we must have a $5 minimum. Here is an update on the tournament

As far as the market goes, I’m just getting settled in. I’m noticing a lot of breakouts, and great strength to start the week. I will likely wait until the last hour before executing any trades, just to see if this strength can hold up.

Here is a current look at the S&P 500, looks pretty bullish to me:

I got a late start this morning, due to my trip over the weekend, so I have yet to do any meaningful scans. If I find any gems, I’ll be sure to post some in the comment section, please do the same.