Sunday, September 7, 2014




The S&P continued to hold up and hit new highs despite a few dips this week.We'll watch how it acts around this 2000 century mark to see if in can push though here or if it needs a pullback first.
Something interesting to note is YHOO. Yahoo has a major stake in Alibaba (BABA) which is scheduled to IPO on Sep 19th. Some folks think YHOO may be bid up ahead of the IPO.
Here are some stocks on watch for trades this week.

DATA-break out of the 200 dma at $69.70
GPRO-new highs last week. Lets see if it stays active this week
FSLR-still looking for that break of the $71.50 trendline
YY-watching for movement
CRM-range break above $60
SCTY-break above the 20 dam at $70.50
ACAD-flag break over $27
SPLK- flagging after a range break on earnings

Good luck!


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