Focus List 2/24

Geoff Bysshe | February 24, 2011

Details for today’s list will be covered in the live coaching session today

Long Focus:

I’m reluctant to chase extended energy plays without seeing intra-day action.

There are a few energy names that have not moved if they show strength then I’d be interested in following: PXD, APA, HES

There are also two gaps on news that are not energy worth following: BIIB (upgrade), NTES (earnings).

Other ENERGY related potential long charts are: PXD, APA, BIIB, HES, PDE, COP, CHK, NBL, APC, SLB, XLE, CVX, NE,OIH, XLE, XOM, OXY

Stocks that have gapped and held:WTW, VFC, INTU, HUM, HLF, ARUN, AGP

Short Focus:

After two big down days we need to be careful not to short into a hole. So unless the market is very weak, I don’t want to push shorts on stocks that have had a big move down already.  There are lots of stocks that may set up as shorts, but are not very timely.

Stocks that may fall more even in the market holds: GWW, LVS, EQIX

Stocks with timely bearish charts: MON, STT, FCX, CMI, PCAR, MGA, SHW, TRW, UNP, A, IBM, BDX,