CMC could do well from here with some resistance coming in at 18. http://www.paf.am/?di=69D6
We have had a fantastic run in SP500 (which is higher than Nasdaq). We are very much extended from the moving averages, something that cannot go...
A Wyckoff Point and Figure charts provides us with a nice overview of the resistance we are meeting in the SP500. http://www.paf.am/?di=55I1
AFL having a nice pullback in a strong uptrend. Nothing on the P&F chart that would make us want to avoid trading it. http://www.paf.am/?di=BE6M
PHM is a great option for higher prices ahead http://www.paf.am/?di=S6ST
SP500 has had a great move and we are in for a reaction/pullback. We might stay flat also before trying to break out through the resistance....
DLTR "dollar tree" actually made me some good money back in the days, but now severely under performing http://www.paf.am/?di=R73B
NVS Breaking double top and long term resistance - two birds with one stone? http://www.paf.am/?di=OJW1
NRG breaking both P&F trendline and resistance http://www.paf.am/?di=7M4B
Here's a real loser - SKUL - the "Skullcandy" earphones kids used to want to have, but now rather die than be seen wearing them....
LEN performs well in the double top patterns, so far really well http://www.paf.am/?di=5B4S
EXPE - very nice looking pattern http://www.paf.am/?di=LF1C
APA - potential short with rally that we can sell if we see negative action http://www.paf.am/?di=9BCZ
DLPH - what can you say? Fantastic profits from the double top break out. Currently overextended so don't enter positions right now, wait for a...
So, we survived fiscal cliff death for now... We also survived the Mayan end of the world, we survived the holidays. Now it is time to start...
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