Afternoon Update...

Well, there's not much happening so I haven't posted in a fat minute, but here's a quick update and a few ideas.

CFW from Dec 14 and 18th video looking good on the pullback-I bought some of this. JRCC and CMVT from the 14th-both dead trades. CELG from Dec 18 vid-short looks good here. MNKD long looks great right here. ANGN was a nice short for us-20+% in a few weeks. Institutional Holdings went from 24% in Nov to about 10 late Nov.-will be a nice short again on a bounce. USG is getting some wind into it’s sails –not too late, but the pullback was a great entry as pointed out on Dec 19 video. FDG long is dead unless we can get a close above $22 today. INFY short looks decent-I’d like to see it get into overbought territory first, say above $55.50. Looks like a RACK bounce is in the making-It held up at both levels identified on the 18th/19th video ($29 intraday and $30 on the close). At this point I view RACK as a trade only. A nice short setup is developing in the Q’s, say around $43.45-take a look at QID for more volatility. The November 22nd video featured ARTX-at almost the exact bottom. Anyone playing that one at the time should have between a 75-80% gain. I’d take a lot of that off the table-I’d maybe leave the profits there to work until the volatility subsides. And finally, Thiago mentioned GRA-long, I think it’s worth a look here.

Don't forget about the January Effect, my choice for a few different reasons was FORD-it was mentioned by DavidDT from Trading to Win. Happy New Year.