Action Points

I'm not sure why FeedBurner didn't send out the Weekend Review last night. If I'm being honest, I have to admit that I've been more of an investor than a trader the past few months. I ran scans this weekend for the first time since January so I'm still a little behind. Regardless, I've posted a ton of setups that are at or nearing actionable levels. I'll make an effort to post an update during the week.

Short Setups (Click on Symbol for Annotated Chart) CBRL Cracker Barrel ACOR Acorda Therapeutics NTES NetEase.com AGN Allergan CSTR Coinstar ALKS Alkermes GHDX Genomic Health AOC Aon Corp CF CF Industries Holdings AU Anglogold Ashanti DRIV Digital River WWE World Wrestling Entertainment DRQ Dril Quip BCO Brink's Company WCN Waste Connections CGRB Cougar Biotechnology BHP BHP Billiton OCN Ocwen Financial OKS ONEOK Partners CRM Salesforce.com PX Praxair GPRO Gen-Probe HK Petrohawk Energy KGC Kinross Gold EW Edwards Lifesciences MON Monsanto SMG Scotts Company APPL Apple Computer BOBE Bob Evans Farms PAYX Paychex CVX Chevron NS NuStar Energy BPT BP Brudhoe Bay Royalty Trust NTAP Network Appliance BIDU Baidu TNH Terra Nitrogen GPN Global Payments PRGO Perrigo ADM Archer Daniels Midland AGP Amerigroup EGO El Dorado Gold SWIM thinkorswim Group UPS UPS CERN Cerner KO Coca Cola LANC Lancaster Colony RAI Reynolds American RAVN Raven Industries ...

I sincerely apologize for not being around over the past month. Unfortunately, I go through times when I get bored with the daily grind of trading so I just step away. As posted below, I've posted a number of Setups that are either at or near actionable levels. Of course, it would be ridiculous to say they'll all hit the magic level and work, but I feel they all offer manageable risk vs. reward. It's going to take me a couple of weeks to get my shorter term swing & day trade charts up to par. I'll post the setups as they become available. On another note, I'm going to create a separate account in the near future that will be linked to the blog listing my real time trades. Hopefully, it'll give some of the new traders here an idea how I build an account. It's been a few years since I've helped anyone do it, but I think I'm up to the task. I'm not sure what would be an appropriate amount to start with (10k - 25k - 100k) so any ideas would be a...

Short Setups (Click on Symbol for Annotated Chart) AAP Advanced Auto Parts APSG Applied Signal TYL Tyler Technologies SWIM Thinkorswim Group ARO Aeropostale LANC Lancaster Colony NFLX Netflix VPRT VistaPrint BKE Buckle ADM Archer Daniels Midland UTHR United Therapeutics CPSI Computer Programs & Systems DNB Dun & Bradstreet GHL Greenhill & Company LO Lorillard OCN Ocwen Financial LIHR Lihir Gold LNCE Lance Inc PCLN Priceline.com OCR Omnicare GPRO Gen-Probe FNF Fidelity National Financial BLL Ball Corp GMCR Green Mountain Coffee CHSI Catalyst Health HMSY Health Management Systems NLY Annaly Capital SLGN Silgan Holdings CUB Cubic Corp ABAX Abaxis PCG PG&E Long Setups (Click on Symbol for Annotated Chart) MBLX Metabolix STP Suntech Power Holdings WYNN Wynn Resorts JBLU JetBlue Airways LCC US Airways Group PBY Pep Boys BAC Bank of America AFFX Affymetrix PJC Piper Jaffrey QTWW Quantum Fuel Systems CELL Brightpoint KG King Pharma

I've been out of pocket the past month, but I hope to be caught up with the blog and my email by the end of the weekend. I'll have some individual setups up by tomorrow evening.

As everyone knows, I attach my thoughts to the actual charts so I'll be brief. I've posted the charts that I'll be paying close attention to tomorrow as well as a couple of setups that are bank related. If I do anything different, I'll post it to Twitter.