Index Last Change Open High Low Comment
DJIA 12,621.69 98.38 12,520.03 12,657.02 12,505.20 Will test high again.
NASDAQ 2,463.92 15.28 2,443.33 2,471.20 2,433.76 Getting ready to go down.
SP500 1,438.24 9.42 1,428.65 1,441.61 1,424.78 Will test high again.
GOOG tested highs today of 505. Earnings this evening. Rejecting October 24 volume day. Will gap down tomorrow.
POT Wants to go back to test 1.47.
AMD Longer term monster confirmed ABC down. Down volume is accelerating. Wants to test 14.63 then 11.60.
AEM Has nice volume, could use more volume. A day with volume of 3.3 million and wide price spread and it will go to 44. Gold stock.
HIHO Volatile. Maybe buy at 4.56 if lighter volume.
IBM January 18 gap needs tested over with lighter volume then close lower and then maybe can short it. Overall not a good short.
SNDK Not a long.
VIX Can use it to go long when it is at 42 45 48 then buy the market. That is the only time to use the VIX.
USO Wait to short. Can bounce to 62.
XOM Maybe buy when it gets down to 64.
GFIG 63.98 up 1.53. Consolidating, will test 64.9. Will test weekly 65.95.
SBUX 34.94 up .38. Wait to buy until high 28 from August 2006.
MECA 4.23 down .01. Maybe buy at 3.91 if volume lighter than 2 million. Fundamentally their gross revenue is shrinking.
No comments:
Post a Comment