Intermediate Term

In the intermediate term...

AAPL







RIMM







UNG







CHK

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

late afternoon sell-off

With the way the markets sold off this afternoon and with some less than impressive earnings after the bell, I would certainly expect tomorrow to be a down day. This 'oversold bounce' for that matter, may be shorter than expected. If not, I still don't expect it to last too long. All of the major indices continue to point downward.



























ACI















AAPL













CME















ICE
















CELG












GOOG















MA
















RIMM














SOHU















POT
















FLR














GLD














UNG














GNK









.
.