Daily Analyst Report
For Monday November 7th, 2011
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For Monday November 7th, 2011
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PSA (s 123.50), MELA (s 4.35/4), CELG (watch 64, s 63), BMRN ( BBBY(s 61.10), DLR (b/out, s 62), ESRX (s 44.50/43.50), ULTA (s 72), FCX (s 39.50), SWKS (continuation, s 21.50). Spec long: DMND Weak: FLR, VRUS, FSLR, ZMH, N/BIG (climactic watch), COO. Economic Calendar:
SPY finished Friday slightly red after a poor jobs report, but rallied back throughout the day. Still above the 20/50 day ma's, plenty of support for now. Support 124, resistance 126.45.
Strong:
Consumer Credit
3:00 PM ET
Room Alerts:
CREE long $2.50
SBUX long .80
SWKS long $1.00
MED long $1.20
Watchlist Hilites:
ISIL, ALTR, VIA.B (short), LNKD (short).
Charles Vaccaro