Friday Feb 29
Futures lower this morning ahead of data. Could be an ugly day for the markets.
QID could test 53 today if the markets start a sell off. Key levels would be a break of 52 and 52.70s.
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Futures lower this morning ahead of data. Could be an ugly day for the markets.
QID could test 53 today if the markets start a sell off. Key levels would be a break of 52 and 52.70s.
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Futures are lower this morning.
If PDGI breaks below 32 we like it on the short side. Stop above 33. Good risk to reward.
HURC long may see 45. Stop under 40.
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Futures a little down this morning, but there’s a few things we’re liking this morning.
MRO – we think this one might have a good shot to continue it’s recent run. If it breaks 54 we like it to around 56+
On a swing we like HOLX with a 65 target
Small caps we like MOSY to 5.50+ with a stop under 4.
Go get em!
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Futures pointing upwards this morning. Looks like some decent news coming in with good drug news, buy out news, Visa IPO coming soon, etc. Is this enough to hold the markets up? I guess we’ll see…
Got a late start to the day so we’ll post if we see something we like.
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Took some profits here in CBEY at around 17.40. Might continue to run a bit more, so if you’re going to stick with it we’d suggest a trailing stop here. Remember a gain is a gain! If it does keep running we can see this one potentially going to around 19.
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Futures mixed this morning, not much happening with data news so it could be a slow day. However there’s usually still opportunity out there.
We like CGNX with a stop just under 18. It could test 20 and if it breaks could continue up to 21-22 range.
CBEY might also see a bounce this morning. Keeping a very tight stop in this one at just under 16.
Trade smart, follow your game plan (even if that means taking losses) and stay focused! Have a great weekend!
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Futures look up this morning with RIMM having some good news and some other tech upgrades this morning.
BCSI – If it can break above 31 with some volume we like this one to run a few dollars today. With a stop just under 30.
On the short side LAD may bounce a little but if it stays below 11 we like it on the short side.
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Futures are lower this morning and things are looking scary again in the market place. However, there are a few stocks that we still think money can be made with…
GRMN had a great earnings report. If it breaks above 73 we think it has a shot at 75+ We’re going to give this one a wider stop at just under 70.
Solars are taking a big hit after the bad STP earnings. So ones to watch are FSLR and LDK. LDK has earnings next week so if you’re looking for a little dip buying LDK might be one to get into. We like it closer to 30 with a potential of seeing around 35 again before earnings.
Trade smart today!
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Futures are looking up this morning. Hope everyone had a good long weekend.
We have a few stocks on our watch list today.
CROX- could be setting up for a nice earnings at the close. A break of 35 and this one could see some continued upside. Keep a tight stop and remember that earnings are after the close so this one could go big either way if you hold it overnight.
FOSL – A break of 38 and this one might see 40. Stop just under 36.50.
ONXX – Down big this morning on bad data, this oculd see a bounce to the 37-38 range. Stop under 35.
Remember do your homework and due diligence. We’re just telling you what we like. You’re responsible for every trade and decision you make, so trade with a clear game plan! Hope everyone has a great trading day!
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Figured look a little lower, but hey it’s expiration Friday so there’s still fear and hesitation in the market place.
We’d like to be extra cautious on days like today. If we see anything intraday we’ll let you know.
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