Bullish stocks near support

[steelman]

Elections

Does anyone have any predictions for the market tomorrow based on past election results through the years?

If Dems win the majority of the races what will happen tomorrow?
If the GOP wins the majority of the races what will happen tomorrow?

I remember the market tanked the day after Nobama was elected.

[smaskell]

Does anyone have any predictions for the market tomorrow based on past election results through the years?

If Dems win the majority of the races what will happen tomorrow?
If the GOP wins the majority of the races what will happen tomorrow?

I remember the market tanked the day after Nobama was elected.

I'm guessing what will affect the market is if/when Congress supplies some tax policy stability. Actually extending the Bush tax cuts in part or whole will create a major flow of cash into the market. I'm market bullish over the next 6 months anyway.

[wooish]

As long as helicopter BEN is in the house, the market will keep going up. They devalue the $$$ so much forcing investors to take higher risk investment. Just wait until someone decides to pull the rug.

In the meantime, I'm shorting the market but leaving about 85% cash on the sideline. Until the market make some decent correction I'm not going to enter this rigged casino.

[steelman]

I sold my Nov $10 calls today for MIPS. I bought them Sept 27 for .60
I sold them today for $5.50 Let's see that's a .....816% return in 5 weeks. Oh yea...Daddy like. Pete, thanks for heads up on that one.

[steelman]

I can't keep up, no time. I added VIT Dec $40 calls on 10/28. I added MSFT Dec $28 calls on 10/29. I added ALXN Dec $75 calls on 10/28. I added ZAGG Nov $7.50 calls on 10/15.

Still holding EZPW Dec $22.50 calls, GFRE Jan $7.50 calls, CGA Dec $10 calls. Did everyone see $$$MM's$$$ EZPW shoot up after earnings yesterday??? Impressive, volume is currently up 421%, stock price is up 7-9%

[steelman]

I picked up some SVM December $12.50 calls at the end of the day Friday. This is a really strong stock. It closed at $11.89 on Friday, up 2.77% and volume was up 189% with avg volume at 1.9 million, Friday's volume was 5.5 million. Investools also has a projected price of $340. Gross profit went from $48 million to $79 million for the last 2 years. Net income ytd is $35 million. I don't see where you can go wrong with this stock.

[steelman]

Everyone,
Yesterday I bought some PUDA $12.50 Dec calls about 11am. I was a few days late but it should run up for a bit. PUDA had huge volume today, up 146% from it's daily average.......AND ....just set a new 52 week high today
Coal is also a top ranked sector right now.

I set some limit orders on some other positions for tomorrow. I might not be in or able to watch the market. I will have a cold, refreshing adult beverage in my hand at all times tomorrow as I will be celebrating the day I was born Happy early Veteran's day to everyone!!

[steelman]

Dammmmnnnnnnn......Anyone seen PUDA today? Up 18%!! Avg. Vol 650,000 and right now at 12::39 EST volume is 1,600,000!!! Coal is on FIRE!! C'mon PUDA, run baby run.

[steelman]

PUDA volume up 235%

PUDA volume today ended with 2,185,000 shares compared to avg volume of 650,000 shares. Approaching 52 week high from last week.

[steelman]

Had a limit order in that filled today, GFRE Jan $7.50. I forgot that I had entered this a little while back. I had set a sell order for $3.00. I bought for .90 Looks like it still has some legs to go up. Investools has a projected price of $30. I might get back in. I will watch it for an entry point.

[steelman]

CCME is looking really good. On a little dip, current price is $16.70, projected price is $66. It's right at 30 day support, stochastics is getting ready to turn up, MACDH is at -.55 turning up, should go positive soon. If it bounces off of support, next resistance is around $22.

[steelman]

Today I sold my call options in ALXN. I had bought the Dec $75 calls on 10/28 for $1.00. Today I sold them for for 2.70 Let's see, I held them for about 3 weeks for a 170% return. The market is taking a crap today (Dow down 130 pts, S&P down 13pts) and ALXN is at a 52 week high! I think it will still go up, look at the chart. However, I am taking my profit. On some plays in the past, I have let them run only to see them come down (still profitable) when the markets tank. Plus with options you have time decay and that starts to kick in under 30 days till expiration. For the record, Investools has a projected price of $510 and ALXN still meets all criteria to still buy right now.

[steelman]

Happy Thanksgiving

Looking for a pullback to get into NOG.

Everyone have a Happy Thanksgiving!!!! Eat and Drink up!

[steelman]

Just ran a new scan today for bullish stocks near support and here is what made the grade right now.

CCME BIDU CVVT ZIX NSR

[steelman]

Well, I keep hearing buy on the red days and sell on the green days. Had some limit orders for today and they hit.

EZPW $22.50 Dec call options were sold today. Entry was .80, Exit was $3.40

PUDA $12.50 Dec call options were sold today. Entry was 1.00, Exit was $2.50