"Oh, the best part of waking up..."
Happy New Year form the SharePlanner trading community. I hope it's prosperous and successful for all.
With the fiscal cliff behind us the market boomed last week despite little intra-day movement. This week should show us how strong and valid the gains are. Yesterday's morning coffee was spiked, as my runners stalled and put on the breaks for a reversal. 1460 is still the line in the sand on the S&P's. Be aware of fakeouts and levels associated with this line.
|Morning Coffee - Day-Trading Watch-List|
|1||$STX- We know this stock can fly and it's up good in PM trading from preliminary fiscal second quarter financial results. Give this stock plenty of room though if you trade it today. It's always tricky in its price patterns.
|2||$DNKN- This stock came across my scans for the first time in months. It's up about 2% in PM trading off of an upgrade. What's even better is that the daily chart is really starting to trend well and is close to a 6 month high. I'll look to this for breakout plays today.
$ROSG- The pump of all pumps. It's up 17% in PM trading today. Everytime this stock gets news it gives the bag holders a little bit of hope before crashing and burning to lower lows. Every trade room on the side street will be in this stock. I'll watch and laugh from a distance.
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