


VXX has real power ever since it broke 30 Will look to take profits on a move to 35 or add to my long position on a breakout
GMCR going down until Big boys want to buy back cheaper.
LNKD is on a free fall to low 200s As with most momentum names right now, the market will punish them worst relative to the banking sector .
IWM seems to be testing some difficult levels to smash through.
UYG Seems to be the best way to play the banking sector. Most banks can see heavy rotation as fund managers need to play catch up.
TSLA seems like the news flow is running out on the positive side Falling Oil will continue selling pressure low 200s is the area I am looking to ride my puts down to
The BJK ETF which tracks the casinos seems to be following the trend of LVS and WYNN WYNN and LVS, the( leadership in the sector ) is showing weakness and effects from the slow down in Macau. If China's economy slows down and Macau headlines are negative....I think you will see a flush out of the sector , which could be a buying opportunity or a bull...
Stock seems to be coming out of consolidation and shows signs of bottoming 2 Dollars is the low end of the range to use as an infelction point. Long term hold
XLF has healthy accumulation type candles QQQ,XLE,IWM, All show toppy candles Institutions could play catch up by accumulating the banks. Regionals could be in play as well
Short term upside to be played with IWM / Possible move to 120s OBV is still supporting the index moving higher , as fund managers avoid playing stock picker and get beta from the small caps. 120 level could be a good opportunity to buy TZA if Volume indicators slow down. Givin the melt up and being toppy / I like a put spread or iron condor
The banking sector is the cheapest sector and the one that has not got the love other sectors have As cult stocks and growth is questioned, The banking sector in general should show strength and get the help from financial media to push higher. Looking for a breakout to the mid 60s within the next 2 months Strategy JAN 2016 50 strike calls Feb 52.50 ...
AMZN AMZN seems to be losing its mojo around the holidays. Volume has dried up and relative strength to the Nasqaq is terrible. Shorting to the 290s seems like a great risk reward, considering the QQQs seem in the short term overbought Slowdown in consumer shopping and spending going into the 1st qtr of 2015 could be a huge problem for AMZN Positive...
Although I love Apple as a company and fundys are the best out there, I feel it has been a hedgefund hotel and its rise caused a lot of distortion in the overall Indexes AAPL makes up over 15% of the QQQs and its effect on the QQQs is noticeable on any sign of weakness in the shares. I feel any healthy pullback in Apple to the low 100s can spell big trouble for...
GMCR As volume drys up and momentum from Coca Colas announcement of taking a stake in GMCR is a distant memory ,it seems the catalysts to drive the stock higher are fading. The stock also seems to have gotten away from the yellow trend line, which confirms in the least a pullback to the low 100s. Although I feel stock is overbought , I expect to close my short...
LNKD seems to be losing steam and a toppy market could would most likely send this down to the low 200s Within next month should see a short setup around the mid 220s , paying attention to the candles at pivot points will be key
Company needs a shakeup in management. IMHO More logical reasons not to own at these levels then to own. A break into the mid 50s could change my mind. A break below 35 could get ugly
WYNN looks to have peaked at a time China is slowing down. WYNN is at an inflection point and pressure to the downside seems more likely. General Market direction will play a key role in WYNN's movement. Is it a healthy consolidation on a long term uptrend. Or will exposure to China and reliance from the consumer put pressure on margins and rapidly decrease...
LNKD - level to watch is a drop to the low 200s , could be a buying opportunity. If breaks the 200 mark will see stop losses go off and overall market direction even in a slight pullback I feel will hurt LNKD. (150 - 200 Range ) Is that key pocket to play a reversal or increase short as margin calls go off. 200 180s - 200 is a real hot zone and if broken...