December 13, 2011
December 12, 2011
Charts of Interest
Looking at the daily and weekly of the SPY. Bearish on the weekly, but if the pattern fails could spike a solid rally. With the exception of the gaps, I think daily looks pretty good. One thing I would say about the gaps for the Bulls are that the gap ups are holding for now.
ARG on watch list.
Seen a lot of posts on the stream on CAT. I think everyone is watching the same levels.
ENB trading into new highs on Friday. Solid pocket pivot on 12/7/11.
EOG - Daily
FFIV holding 10d on average volume. I feel the demand is there.
GNC - watching for a break out of this small flag.
HANS - along with Cat. I think quite a few are watching. I'm looking at entering if highs get taken out and/or follow thru day tomorrow.
HMSY - Watching for follow thru tomorrow.
MA and V - similar charts. Looking at adding to existing positions thru highs.
Nice bounce on less than average volume. On watchlist for now.
N - Will enter on gap down or thru highs.
PRGO - holding 10 after a huge run. Watching for a trade thru 101.50
QCOR - pocket pivot move on Friday off the 10/21d moving averages while breaking out to new highs. Might want to consider on weakness?
RAI on watch. Sitting on 21d. Huge volume surge on 11/17, 11/18, and 11/21
TLEO - Just recently noticed. Into new highs on Friday.
SPG
XOM Daily & Weekly Taking out this long term descending trend line.
TSCO - Somewhat of a longer term ascending triangle. Remaining on watchlist.
December 11, 2011
Paul Tudor Jones: "I have had trouble sleeping this year.
The hedge fund manager and Robin Hood founder speaks about fighting against poverty at the group's annual awards gathering.
"...I have promises to keep,
And miles to go before I sleep,
And miles to go before I sleep."
See the full article here: AbsoluteReturn-Alpha.Com - PTD Article
"...I have promises to keep,
And miles to go before I sleep,
And miles to go before I sleep."
See the full article here: AbsoluteReturn-Alpha.Com - PTD Article
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