1.08.2012

Jan 9 - Mon. "No Monday Off"


JAZZ -
  • 47.91 is 52's, but 44.75 is crack, short 46.5 area and ride it down to crack, otherwise we could see a parabolic into a 52's push. Gotta stock to your stops, but these set ups are optimal.
WTW -
  • 69.84 is resistance, but then 70-76 range where it could go nuts! short those paras, either scalp'em or stop out if you get hit, until a secure top of 70 fails then I'd be scalping, yawl.
STX -
  • 18.6 is new 52's, too close to not go, and if strong we could easily see 19-20 on this move (hit my phone call advice midday if you unsure). On the other hand if we get some major sellors (lvl 2's) then be thinking dub top and to short this bish, keep in mind good eps.
FDO -
  • my favorite one, long bias. 57-53 range on Friday. 53 support, 53.75 is your area of interest (aoi as I like to call it), should over/under this spot, scooping up longs on dips below and look to tgt of 55+, 53 good stop place cause if so then trend has changed. I did all of them on screenr, but those f's cut me off so this one my only chart other wise watch the vid.


Some sick calls on DNDN, REE from InvestorsUnderground but sorry can't give you away those for free, but read at the top and use BOOMWIN promo code and come get the scans and join us in realtime chat and we tell you when, and what to trade and how to bank. yezzir!

Eps for the week:
MONDAY, Jan. 9
Extended-Hours Earnings: AYI, AA, SCHN, SMSC, VOXX (VOXX:$8.92,00$0.17,001.94%) , ZEP.
Economic Data: 3p.m. Consumer Credit.
TUESDAY, Jan. 10
Extended-Hours Earnings: RFMI, SNX.
Economic Data: 10 a.m. Wholesale Inventories.
WEDNESDAY, Jan. 11
Extended-Hours Earnings: NDN, LEN, NTIC, PRXI, RELL, SVU.
Economic Data: 7 a.m. MBA Mortgage Inventories; 10:30 a.m. Crude Inventories; 2 p.m. Fed's Beige Book.
THURSDAY, Jan. 12
Extended-Hours Earnings: PEDH.
Economic Data: 8:30 a.m. Initial Claims; Retail Sales; 10 a.m. Business Inventories; 2 p.m. Treasury Budget.
FRIDAY, Jan. 13
Extended-Hours Earnings: JPM.
Economic Data: 8:30 a.m. Trade Balance; Import/Export Prices; 9:55 a.m. Michigan Sentiment.