12.02.2012

Dec 3 - Mon. "Trading with the Enemy"

FB - powerhouse, I'd say short stalk, but algo's are controlling this mofo. Traded 30+million shares ah's and crept higher, prolly gaps up and goes 30's. 32 maybe. At this point I'm trading with a short bias, still, but trade cowardly with it.

DISH - extremly bullish on this chart long term idea. Bull Flag breakout and new 52 week highs, nothing keeping it from running other than profit taking, this one has a tendency to set into a trend and hold it for weeks+. I'm actually going to try and sit on it.


MONDAY, Dec. 3
Extended-Hours Earnings: CWST, CONN, LDK, PBY.
Economic Data: 10 a.m. ISM Index; Construction Spending; 2 p.m. Auto/Truck Sales.
TUESDAY, Dec. 4
Extended-Hours Earnings: AVAV, ASYS, AZO, BIG, ENVI, TAX, MFRM, MIND, NCS, P, PLAB, POWL, REXI, SEAC, TOL, MTN, VTSS.
Economic Data: None.
WEDNESDAY, Dec. 5
Extended-Hours Earnings: ASNA, FNSR, FRAN, GEF, MW, REX, SAI, SIGM, SNPS, VRA, VRNT.
Economic Data: 7 a.m. MBA Mortgage Index; 8:15 a.m. ADP Employment Change; 8:30 a.m. Productivity; 10 a.m. Factory Orders; ISM Services; 10:30 a.m. Crude Inventories.
THURSDAY, Dec. 6
Extended-Hours Earnings: ALOG, CHKE, COO, ESL, FLOW, HRB, HITK, MEI, LAYN, PANW, SFD, SOFO, TITN, UTIW.
Economic Data: 7:30 a.m. Challenger Job Cuts; 8:30 a.m. Initial Claims.
FRIDAY, Dec. 7
Extended-Hours Earnings: ALCS, KMG.
Economic Data: 8:30 a.m. Unemployment Rate; Payrolls Data; 9:55 a.m. Michigan Sentiment; 3 p.m. Consumer Credit.