For the past week, I have been handling main position in Bank of America (BAC), while moving in and out minor position through its peak and valleys. With no NBA games on the docket for tonight, I thought I would take the time and see what is hot in the market.
The following is a recap of my power Twitter session tonight.
EMC Corp. Tops NetApp’s Bid for Data Domain – NYTimes.com http://bit.ly/Fqo0X
http://chart.ly/gtbhmv BAC – Still holding to core BAC position (in and out during runs). Still hasn’t broken out either way yet
Volume wasn’t particularly great on today’s run. What is the short term effect? Take profits? http://chart.ly/gbvwkr
@Tenaciousam Well better to make any profit than risk the chance of losing
My 4 stocks for 2009. http://bit.ly/31dAZq Tell me how good I am (knock on wood)… SO FAR
http://chart.ly/st4t54 SLB – Looks to have entered a new level. Lets see if support can hold. RSI and stochs indicate overbought
http://chart.ly/psm3zt X – @KiddJones (zooming out longer frame) I read another view as entering a new level. Would it work?
http://chart.ly/ktg8wx AMZN – Following up on my post – http://bit.ly/1DJqwo – I think we know which way AMZN jumped
http://chart.ly/26ed6x IPHS - Followin up on IPHS http://bit.ly/3wf2b7 lookin 4 another quik profit. See if as good as last time
@KiddJones I would agree with that BMA
RT @kunal00 it doesn’t matter where the idea comes from its how u trade it. Entries.exits.management
Too many people are quick to judge other’s trading methods – proof is in the pudding
@KiddJones Yeah, I love those setups. I wish it was other way though. Always prefer buying than shorting.
http://chart.ly/6h65hs CELG – @KiddJones Like that past 50 sma, but no difference in volume. Leads me to think trading range holds
RT @KiddJones: thanks i like another perspective. we see what we want to see some times
If you want to try and get in my next power session, then make sure to follow me on Twitter.
Financial Article Highlights
Obama plans to take a majority stake in the country’s largest automaker.
GM, Cisco still in the spotlight after the close.
Macau’s new Vegas-style casino pits new against old
Stocks Up on ISM; Treasurys Fall
ETF’s to profit of Treasurys downfalls.
What banks will be able to pay back the bailout funds?