Here comes that bull again

While yesterday was a volatile day, today was a choppy day. Volatile can make you money….choppy takes it away. So, like I said yesterday, I sat and watched charts for a while, but that got too boring…. Until late afternoon. Then I got to speculating :mrgreen:

I found a couple of stocks thru chat rooms and Twitter and looked at the charts and said, “Why not?” CHIP looks like it has found support at the 34ema and OPXA found it at the 8ema. I’ve entered positions in both….cheapies but good volume. Both look like they’re ready to move….up.

AA blew earnings oout of the water. They were halted a while afterhours during all the announcements, but once they were let go….pop, they added another dollar to the days action. This should bode well for the markets tomorrow. PEP reports before the bell tomorrow.

Futures action is pretty wild to the upside this evening, already up 11 points. Australian markets have been the catalyst where they have raised rates and employment is picking up. Now how that relates to U.S. markets I’m not sure, but so far they are happy. So some ES plays might be in the cards overnite.

Some reading for you:
Why Did Goldman Get A $3 Million Gov’t Gift For “National Security”

Might need to pick up some BGU and/or SSO before the initial claims report tomorrow morning? Be careful out there. 8O

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