Monday, December 19, 2016

SS Game Plan 11/14/16


small caps continue historic out performance of large caps. IWM is within striking distance of all time high. this sort of move will usually lead to higher prices longer term but a period of consolidation is needed. SPY under performance can be attributed to trade and currency risk as larger companies are global in nature. oil is around 42.70/bl which was my target support area but may overshoot...

stocksupportresistanceinflexionnotestrading plan
dvax33.50-3.60letter from FDA not good
crbp9, 9.5011, 13positive sclerosis results
twtr18, 18.5019.10-19.20activist investor takes 3% stake

stocksupportresistanceinflexionnotestrading plan
nvda85.5088.50strongest stock in market
jcp8.80, 99.3, 9.5strong. back above 9
fcx13.80-1414.2, 15crushed on open. accumulated rest of day

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