Action Points

I posted a few long and short setups worth watching over the next day or so. It's always difficult to know whats going to occur during a holiday week, but I still think there are opportunities to make a few cheap trades. I'd personally prefer the drift up to continue because it'll provide us with more shorting opportunities.

Short Setups (Click on Symbol for Annotated Chart) IAU iShares COMEX Gold Trust ORH Odyssey RE Holdings OCN Ocwen Financial MLM Martin Marietta Materials SKT Tanger Factory Outlet Centers NLY Annaly Capital Management MPR Met-Pro IDCC InterDigital MHS Medco Health Solutions ESI ITT Educational Services SHY 1-3 Year T-Bond Fund iShares Long Setups (Click on Symbol for Annotated Chart) TCK Teck Cominco AHD Atlas Pipeline PPO Polypore Intl XRM Xerium Tech HIG Hartford Financial TAM TAM S.A. KFN KKR Financial HTCH Hutchinson Technology CBL CBL & Associates PLD Prologis Trust TRW TRW Automotive BKD Brookdale Senior Living