Monday, May 18, 2009

Stocks To Watch For The Week Of 05-18-09

05-18
LOW

05-19
ADI, DKS, HPQ, HD, JASO (SPWRA, FSLR), MDT & TJX

05-20
AAP (AZO), ANN, BJ, CTRN, CSC, DE, GYMB, HOTT, INTU, NTAP, NTES, PETM & TGT

05-21
ARO, ADSK, BKS, BBOX, DBRN, EXM, FL, GME, GPS, PSUN, PDCO, RRGB, ROST, CRM, STP (JASO, SPWRA, FSLR), TECD, PLCE & TTC

05-22
MBT

1. Stocks in RED - those of you that know the color coding already know that all stocks in RED are expected to swing nicely and provide MONSTER CALL / PUT OPTION PLAY opportunities - these are to be traded after earnings based on all technical signals (e.g. volume, MACD, Bollinger Bands, CCI, RSI, current trend, etc.).

2. Stocks in RED / BOLD and UNDERLINED - these are very good potential strangle / straddle candidates.

3. Stock in YELLOW - these stocks will move based on the action on the preceding stock reports - we all know that solar stocks for the most part all move together so if JASO reports great earnings and moves up / down, it may move the entire solar sector with it (including FSLR & SPWRA / B).

NOTE: This week, I do not see any definite strangle / straddle candidates in order for us to apply our high volatility strategies... Can't wait for RIMM on 06-18-09 as RIMM will be a definite strangle / straddle candidate.

Enjoy trading! Cheers!

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