Friday, May 29, 2009

AG stocks

POT and MOS and the other ag stocks are setting up for a move, keep your eye on them and trade with the direction. They should start to move next week.

Wednesday, May 27, 2009

Tuesday, May 26, 2009

CY

I still believe CY has some upside in it however getting stopped out for a dime loss is prudent on a $ 8.00 stock that's already up a over a dollar in just a few days.

CY

CY is setting up for a move higher but I wouldn't allow much downside for the trade, a stop at $ 8.10, medium risk trade.

Moves

Nice little blast higher here today, remember resistance is around Dow 8600, don't trade without a clear exit strategy, take profits where you get them. Everything is moving, an upgrade of Apple (AAPL) looks to be the safest way to play on the long side, but there are trading ideas everywhere.