Tuesday, January 10, 2012

Good Sign

The futures are going gapping up showing we heading for a positive open. One of the things I look at in the first week is volume and price movement especially in the leaders from the previous year. Stocks likes APPLE have been strongly moving upwards and this notes a strong underlining market if we do get positive news. this morning futures are moving on the positive news from Alcoa and more than likely I would not expect us to sell off this gap up. Yes it is an hour before the open but this is a trend and we must respect it. If we do it would be a buying opportunity more than a chance to sell. We will see soon enough. I have some stocks on radar to go long such as CLR (74.30) AND ZOLL (66.20). The year has just begun and a lot of opportunity will be on the horizon.