Sunday, December 22, 2013

Some Christmas Week Setups

We are moving into a traditionally bullish time of year as funds try to add strong-performing names into their portfolios as the year comes to an end.  We'll see if that holds true again this year soon.  Last week was not easy as some names worked great and others were whippy, but if you pick the right names, you can probably get some decent gains over the next few days too.  Here are some charts I will be watching.   Don't know that I will be holding any of these - most will be day-trades in a thinner holiday environment, but I would consider holding some of the bigger names.

BNFT
CAMT
DECK
EJ
ERII
FB
IPCI
MGAM
TWTR
UNTD
VIPS
XRS
YY
GOGO
ZLTQ
All Charts from TC2000, Courtesy of Worden Brothers, Inc.

Hope everyone has a very happy holiday season.   Best of luck trading this week and enjoy the day off on Wednesday.  

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