Weekend Recap and stay tuned for more setup and stocks

The markets traded as expected yesterday briefly Dow  touching 13,000 mark with Options weekly ending I did not think they would allow any dramatic moves especially with hopes of closing the markets at 13,000 the markets had a slight fall but nothing major , the big stocks like AAPL and IBM held strong therefore Nasdaq QQQ and SPY stayed green. As we expected SPY hit near its May 2011 high 137.21 high than pulled back down to 136.63 before the buy programs by institutions came in to close the markets green.

Nonetheless in Radio Silent Chat room and by members following emails we had a scalping opportunity on both CAT and SPY

CAT (Caterpillar Co) 115.91 We mentioned 116.40 was its double top , in Chat i told members to keep eye on the 117 mark as I felt with CAT passing would see a nice pull back , so at 116.78 I recommended to members to buy P 115 @ ..78 and hit a high of 1.28 a nice scalp move opportunity. I recommend you keep this 116.78 -117 level again as can serve another scalp move as I believe we could see markets drop Tues or Wednesday.

SPY (S&P 500 SPDR ETF) 136.91 We sent out an email that SPY was approaching its 137.21 high of 2011 this in our opinion is major resistance , especially with no real pull back since Dec 19 2011 we expected a great scalp opportunity , we believe that SPY will soon re test this mark again and have a good feeling markets may have a strong pull back either Tues or Wednesday

AAPL (Apple Co) 522.01  This stock is near its 52 week high 526.29 I think this stock is due for a correction, although Apple Co is one of the best or if not the best company worldwide we believe since Dec this stock has been trading parabolic notion , I think risk reward here is greater chance for profits or scalping opportunity , I think Apple may go down as low as 460 pps before making a next leg

QQQ (QQQ Pro Shares) 63.96 This ETF hit a high of 64.07 keep an eye on 64.07 52 week range , with AAPL near its 52 week high as well as  week high we expect a 3-5% correction , with any correction we could see the QQQ drop


SDS (SDS Pros Shares) 16.17 This one works inversely to the SPY with SPY looking for a correction and SDS 52 week low at 16.13 we could see a opportunity for a bounce and Option calls to 16-17 long term look for an entry in the next 3 trading days

OTC Pink sheet stocks

EVDR (Evader Grp) .0032 This stock mentioned to our group at .0004 ask hit a high of .0036 close to 600% after news of Current Tier listing, this stock taded smooth and the share structure remains in tact , with volume could see an even higher pps

CTCC (City Capital Co) .0083 this stock mentioned at .0012-.0015 hit a high of .0099 , we also tweeted .003 range for those that missed initial run , with rumors of a name change , a low share structure this could be trading .01-.03 in short term

MEDT (Mediatechnics Co) .0011 this stock mentioned at .0006 saw a high of .0026 and now quickly re traced with panic selling but nonetheless could be a bounce in this range keep eye on Level 2 and volume

ICBT (ICBS Ltd) .0002 this Gold/Silver stock cheapest commodity stock on the market , if any news we could see this rally , as a lotto I like this stock pps down at these levels, this one traded .002-.003 last year , with GDSM .0002 now .02 range and SRGE .0002 now .009 range this could be next lotto gold stock to go

MEXP (Marine Exploration) .0011 this stock still accumulating at .0009-.0012 range with news I see a breakout on Level 2 , with Gold at highs , any news could send this with
 moderate volume .004-.005 shor term