SPY (S&P 500 SPDR) 132.47 the stock has traded well with markets and has been trading well over its 50 day moving average, it saw a high of 133.30 and retraced keep eye on the 133.30 resistance mark if it closes above this mark we could see 135 but if not we could be witnessing a short opportunity or scalp opportunity to 126 level we are patiently watching on what the UUP does and watch for any attempt to break 133.30 mark. A scalp opportunity could fair well for intraday PUTS at 133.30 range for some profit on a pull back
CAT (Caterpillar Inc) 110.52 this stock did well on earnings close to 30% gains since earnings and has some heavy resistance at 111 mark could be a nice PUT opportunity at 111 range be patient and look for an entry looks a bit over extended and could see a pull back up here
GS (Goldman Sachs) 113.45 This banking stock has been quite a tear but hit 116 mark with a big resistance and could be a nice Short position near these levels, we still believe that Europe will have issues and GS could see a pull back regardless news on earnings. Watch for this to pull back near 115-116 level and look for a PUT opportunity
BAC (Bank of America) 7.35 today the stock saw a high of 7.44 and we think 7.50 is some big resistance , with 75 trillion in derivatives and European sovereign debt we expect this to get back to reality , keep a watchful eye on this one could give a great opportunity for PUTS
OTC Markets
SNDY (Solos Endoscopy) .0024 this stock has been in quite the reversal , the stock traded in .01 range not so long ago and added volume could set up for a run , we think that buying this on a pull back could fair well , today the stock closed with big volume and at high of the day
TSPG (TGI Solar) .0002 this stock is a solar stock that was at no bid recently and today saw over 220 million volume , with Solar energy being sought after a weak dollar and raising oil prices these solar stocks may fair well for a lotto type play keep watchful eye
CTCC (City Capital) .0015 recently off its lows this solar company has bounced and is looking to head higher this one has a low share structure and with volume could see a rally this one traded in .01-.03 range most of last year , could be a nice stock to hold for a rally
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