Sunday, October 17, 2010


Here are some setups I like heading into next week. I still don't think it is prudent to short here, so they are all long plays. Sure, there will come a time to short these markets, and when it comes may very well be decided by the battle between financials and overall markets that's been going on the last two trading days, but I don't feel we are there just yet. It being earnings season, be sure to check when these stocks are reporting if you decide to play them. I have commented on the charts itself.

And here is the link to Chart of the Day.

Take care and good luck!

P.S.: Thanks to @szaman and @TheArmoTrader on twitter, here is an update on when few of these stocks are reporting. ALTR reports on Tuesday and APH on Wednesday.

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