Showing posts with label LVS. Show all posts
Showing posts with label LVS. Show all posts

Wednesday, July 23, 2008

Too far, too fast.


Be aware of earnings announcements and volatility - the following are based on charts only.

SHORTS:
In most cases these are stocks that are due for a pullback or have broken support.
LVS (this was my favorite until they talked about it on CNBC but nonetheless)
WYNN
CME
FDX
XLE
MA
NMX


LONGS:
In most cases these are stocks that have been beaten down too much too fast (i.e. UNG) or are presenting a low-risk entry (i.e. AMZN) at support
UNG
AMZN
DBA
FXI