Originally Posted by
Dr. Dave
I've been having problems sleeping since I got sick, so I was going to stay up round the clock yesterday, but because I said that, I fell asleep around 5 am... lol. So I slept thru the day, woke up after market closed.
LYG - like the move on LYG, let's see where it is tomorrow.
KATX - the entry day was EOD on that first heavy vol candle about 4 days ago, assuming you read this tomorrow, with a first target to the old high, which it pretty much hit. From here, either a rebound off a 9-13 EMA might do, but that would mean watching it all day for a real reversal. If it starts to climb, I'm more inclined now to see if it makes a new high, so 0.095+ or so.
KOG - yeah that KOG, I kept seeing that plastered all over the web, but a lot of times, I just don't have luck with gas and mining stocks, except listed gold stocks. Not that it has passed $3, I'm weary of jumping in, but won't - had such a nice consolidation too. Watch it rocket to $4, lol.
Some others, I like the ACLS chart, a little late, see if it pulls back and rebounds.
AHC is in a nice channel, can try that when it's at a low point, just make sure it doesn't tick along the bottom of the line too long.
IEVM has been thinly traded until now, it took off, but could bounce ok or consolidate for next time.
BONT - looking for that to post a new high before getting in, it could just hit the prev peak and turn around.
CFI - nice turn around, but volume a little low
LBY - in a nice pennant - long or short depending on which way it breaks. I need a better short broker, keep meaning to sign up with sogo.
MGPI - lifting off, but it trades really thin, tomorrow morning could be a good day to get in that guy, don't like the thin volume much
NXST - also thin, but looking to bust $5
TUES - not sure what to make of this guy, but its running, maybe if it can make a new high.
CMS - looking for a new high on that one
HOC - again, not too great with the gas and oil
OKE - looks good, its natural gas
SCLN is bouncing off a support level
CHTP above $4
GOLD-
Hmm... gold looks like it's heading north, or at least swinging that way. Look at the GDX, $HUI, and GLD... maybe look for GG, GSS, IAG, NAK, NSU to break from their little consolidations. Always watch what NEM does though, I think when it hit its previous high is when gold tanked.
Shipping-
Haven't peeked at this in a while.. The $BDI is riding the old triple support and resistance at 3000.
The SHX is looking to hit a minor high point, and Dow Tran is riding 4400.
Can't tell if its frothy, or going to break out. I want to keep an eye on the NQ futures. I think when they hit the round number, there could be a pullback, so have to be careful.
Back to the subject, SEA the ETF is also at highs, and CAT busted out (not a shipping stock, but if things are being dug up to ship, they're part of it).
So to the stocks...
DRYS is in a huge symmetrical triangle, maybe I'll set an alert to see if it busts, I bet if it does, it'll rocket to near $10
EGLE looks good past $6
GLNG after $13
GNK possibly above $22, the line is kind of steep, but in november, it was too and really took off.
ISH the shipping leader has a higher low, so that's good
KEX about to break
Damn, that NMM is and has been just chugging along, pretty amazing.
PRGN looking good too
Lot of pent up energy in TOO too.
ok, enough already.
Marketwise, we're coming up to some key levels, so have to be quick and nimble.
Geez, look at the $RUT, that thing gonna hit 750?