Trade setups that produce $1 to $6 moves. Investment ideas and general market trends. Remember the "Market" doesn't care what Santa thinks of you.
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
Wait and see mode
Daytade the open is about all I can say here this morning, we will see how things develop.
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.
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