Watch List for Monday - 03/28/2011

Brief recap from last week, biggest winner $CAR (10.91%) and $RES (8.90%), biggest looser $MAKO (-1.76%). Average percent gain from last week’s watch list is 4.38%

SPY, broke through the descending wedge on hourly chart this week, but on low volume, weekly volume in general was thin. I’m expecting a retest of the upper wedge trend line, around 131, or perhaps a 20ema test on hourly. 

Watch List for Monday - 03/21/2011

Watch List for Monday - 03/14/2011

My heart goes out to the people in Japan, it’s very unfortunate but it’s a fact. I’m expecting a quick turnaround but it will a tough struggle in the begging. God Bless!

Be careful trading breakouts this week, markets are still very choppy and with all the gloom and doom, I would not be surprised if we do pull back in the markets. … Egypt, Libya, Middle East’s geopolitical turmoil, crude... What’s next? Can Bernanke and POMO hold the markets?!?!

Watch List for Monday - 03/07/2011

Few that I'll be watching this week, if the volume is not there I simply wont trade. Position CASH is what I'll be long this week, unless markets picks up a clear direction. Don't get chopped up, lock gains and have a stop.