Gearing Up

There have been lots of great trades out there. But when isn't there? If you are open to both sides of the market, there is always something to trade. Which just confirms that being gone on vacation or just away is no big deal. There is always another trade, that is what makes this business the best. So I am gearing up for the summer and re vamping the watch list.

CEG is looking very weak as it retests it's support line that was broke last week.

CAH - like always I am jumping the gun but I bought 6 months of time for like $2. When time is cheap, if you can afford it, it can really pay off. Fundamentally this stock is not a buy so why not look at some Puts.

DO - Nice stock, with a very nice chart. Just breaking out making new highs and now re testing. Good bullish stock.

GRMN - Just broke out of a year long wedge and bull flagged down. Great company with a great product, this is a good buy signal.

I am long ACI, BIDU, FCX. PCU, GRMN, DO

Still short KMX, SHLD, CAH, CEG

I have been in watch and see mode and the market has been so volatile I have not been able to catch the swings. Be careful out there.