

Market Outlook for Next Week
markets look in strong consolidation but forming a tight wedge. From far it looks like a bullish wedge ready to breakout on the upside...


JPM looks like a good short
See the attached chart for JPM. Looks like a top forming. I got some June 65 puts for $0.87. Target1: 63.50 Target2: 58.80 if markets get...


Agriculture and Farm Equipments
Since a long time Agriculture industry has taken a beating. Recently we saw some strength and a lot of buying. (See DBA chart attached)....


GDX approaching resistance
GDX seems to be approaching a tight resistance at around 20.15. Looking to buy some puts which are very liquid.


Data Storage Sector Looks Hot
Going through the sectors it seems like Data Storage sector (ix2400) is way to oversold and due for a bounce. Some of the prominent...


TIBX
Another stock with great potential for a breakout. It has a very very strong support at 18.24 which should be your stop loss. Current...


SUNE
SUNE has been in a recent downtrend and is touching the downtrend line. It is also touching the 100dma which can be a point to buy. I...


LEN
Another stock that has a similar look as CBS is LENNAR Corp. I think it is ready to make a big move on the upside. My target is 44.30 in...


CBS
One of the stocks to look at in the coming weeks is CBS. After the AEREO ruling, CBS had a huge pop and now it has came back down in the...


DG
DG is gonna be one hell of a ride. I got in DG at $53 and rode all the way to $63. Now its time for some consolidation. Recently Carl...