Bullish stocks near support

[steelman]

steel
are you still holding those lulu calls?

Ski, Yes still holding the LULU calls. They are September options and so are the GMCR.

It's always tempting to take the profit when it pops up like that in a few days. Then you have TODAY. I am trying to take the day to day emotional roller coaster out of these trades by making the entry and exits based on the charts/indicators and then I will end up asking you anyway LOL.

[steelman]

Steel

Actually I think that's asking a lot in this economic environment. If it weren't the government and GS spinning bad news to good, the S&P would be at 600 by now. Only a handful of websites that publish the fact about bad news around the world and www.zerohedge.com is one of them. I read this site everyday just to check how much our government is lying to us.

Wooish,
That's a good site, thanks. I really can't stand to listen to our President speak because all I hear is..."lie, uhhh...ummm...lie..blah...blah...blame it on everyone else...lie..blah..blah and lie"

[skiracer]

Wooish,
That's a good site, thanks. I really can't stand to listen to our President speak because all I hear is..."lie, uhhh...ummm...lie..blah...blah...blame it on everyone else...lie..blah..blah and lie"

and it is beginning to catch up with him. everyone is noticing how bad a manager he is. he's great at campaigning and telling everyone what they want to hear to gain their votes. it's what spin doctors do and he is very good at that but he's no leader or manager of any sort.

[Fuller]

Yes, there will be also a reversal for EUR/USD next days

[peanuts]

Yes, there will be also a reversal for EUR/USD next days

Intuition?

[steelman]

Do tell. I have never traded anything in the Forex. I did read about some etf's that trade currencies. I will try and find the newsletter and see what it says.

[steelman]

I have a busy day at work today. Here is what came up this morning for Bullish stocks near support.

IRBT PPDI DLB TWC OPEN

Best of luck to all this week. Looks like the S&P will try to break through it's 30 day MA.

[steelman]

FSLR looks good today. It's currently at $113, Investools has a projected price of $4,400 so it fits the 50% margin of safety. It's very close to breaking through it's 30 day MA of $115.

[findstock]

Thanks for the post, I will come back later to check out the latest picks!
I would like to learn how to read the market but not easy for me. By the way FSLR did great today $117 and the marget in general did great. Just little bit worried that we would have bad day tomorrow. I mean lately the market swings too much.

[steelman]

Cbeh

Today in my scan, CBEH China Integrated Energy came up along with 4 others but the chart looks the best.

It's currently trading at $9.15. It has a projected price of $18.49. It's EPS rank is 85. Before the markets tanked at the beginning of May, it was at $12. On Wednesday it closed above it's 30 Day MA, MACD and Stochastics are still pointing up as well. The only negative is it has low volume, avg vol is 340,000.

I currently have a limit order in for a September $10 call. Still holding calls in LULU sep ($$$MM$$$), GMCR sep, ALXN aug, FSLR july, CBI july.

[steelman]

From the looks of this chart, we should be trending up for the next month or so. Any thoughts?

http://www.mrmarketishuge.com/attachment.php?attachmentid=991&stc=1&d=1276885857

[wooish]

They can trend up the market as long as they want because the trade bots are in control. The rally for the past months has been lacking in volume and on top of that market ignore all bad news but embrace good news which really bothers me a lot. I don't know if I should go short or long in this market anymore.

[steelman]

Wooish,

Agreed. It's so hard to get a read right now and I would have been much more excited if he had good volume on the rally days. All were below average volume. Let's just stick to picking great companies on sale. It seems when there is a company with great fundamentals; earnings, revenue and growth they don't tank as much on the down days. They seem to pop up a little more on the up days.

[steelman]

Here are today's Bullish Stocks near support.

CELG
FLIR
SJI
TU
Good luck to everyone this week.

[steelman]

Wow, what a long holiday weekend. I am spent. Just did a search. It's Wednesday and the markets closed about 30 minutes ago.

The S&P is looking to break through it's 30 day MA. I hope this happens. If it does, these bullish stocks near resistance should do well.

ENB SXCI APKT NTCT TLK ARLP

I hope everyone enjoyed our Independence Day celebration!