It’s time for the weekly momentum gainers that you need to be keeping a close eye on. This week, there are 15 stocks that have some intriguing appeal to them. Last week’s recommendation was JNJ which is up $2 from where I spoke of it at. This week, keep an eye on Manpower Inc.
Its time for the weekly momentum gainers that you need to be keeping a close eye on. This week, there are about 14 stocks that have some intriguing appeal to them. One that is setting up nicely is Johnson & Johnson (JNJ), which bounced nicely off of its March lows, and looks to breakout
Current Long Positions (stop-losses in parentheses): QID (10.49), GLD (128.65), SDS (22.29) Current Short Positions (stop-losses in parentheses): PII (75.36), T (28.74) BIAS: 21% Short (counting QID and SDS as shorts) Economic Reports Due Out (Times are EST): ICSC-Goldman Store Sales (7:45am), Redbook (8:55am), S&P Case-Shiller Home Price Index (9am), FHFA House Price
Current Long Positions (stop-losses in parentheses): QID (10.49), GLD (128.65), SDS (22.29) Current Short Positions (stop-losses in parentheses): PII (75.36), T (28.74) BIAS: 21% Short (counting QID and SDS as shorts) Economic Reports Due Out (Times are EST): None My Observations and What to Expect: Futures are flat to slightly negative heading into
Current Long Positions (stop-losses in parentheses): TICC (9.62), BRKR (14.75), ITW (48.89), QQQQ (50.62), TIE (19.73), PAG (13.62), DTV (41.99), ACI (25.54), EOG (97.52), ANN (21.06), ESRX (46.42), AAPL (284.00) Current Short Positions (stop-losses in parentheses): None BIAS: 91% Long Economic Reports Due Out (Times are EST): ICSC-Goldman Store Sales (7:45am), Housing Starts (8:30am), Redbook (8:55am) My Observations
Recently I have tried to provide readers on the weekend with the most interesting article from the past week. The article below comes from MarketFolly.com. It details the most popular stocks among hedge fund's top-ten holdings. Perhaps you may be able to find a trading idea or two as a result. Given our focus on
Weakness is prevailing across the globe this morning – Asian markets are down big time, and the European Markets are down as well. On the futures, the Dow is currently down 47 points, the Nasdaq is down 4.25 points and the S&P down 7 points. Of noted importance is that the Fed begins a
Some weakness so far today on the mixed JNJ earnings report. But it’s doubtful that the bulls are all that worried as the selling is minor (so far at least) and there isn’t a killer amount of volume rattling the markets. If the market is going to pullback in the near-term, it is likely
Good Morning to you! It is a very early start for me this morning, after staying up late into the night watching my Miami Dolphins man-handle the New York Jets. What a game that was! But getting up this morning was horrendous. One thing can be said and that is Monday Night Football and the
The bulls are finally showing some indecision about where they want this market to go. It doesn’t mean that the current run is over (hopefully it is), but it does mean that the bulls are thinking twice about how much more capital they want to commit to this market, and how much longer they want