Sunday, September 16, 2012

Game plan for the week of Sept 17-21

Last week was really bullish, and the announcement of more QE from the FED means we're likely going to continue this bull market for several more months.  However, we are slightly extended here on the major indices, being above the upper BB, so I would be expecting a small pullback or at least sideways consolidation. But any pullbacks should be viewed as opportunities to get long in my opinion.

Here's a daily chart of the SPY:



And here's some stocks I'll be watching this week:

Long: TSYS, APKT, PZZI, GMCR, YELP, TTMI, CHK, PACW, MVIS, HDY

Short: CNC, REED, VIRC, CUR, FBN, BIOF, OMX, HNI


No comments:

Post a Comment