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Tuesday, December 15, 2009

Trade Ideas for 12/16/09

More rangebound antics going into Wednesday's FOMC announcement (2:15pm ET). We bought all of yesterday's ideas.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline Chart
AONE 16.81 18.16 +8.0% 17.34 N/A Chart
VVUS 8.76 9.36 +6.8% 8.76 N/A Chart
SKF 25.31 25.13 -0.5% 24.19 N/A Chart
FST 19.61 21.61 +10.2% 20.67 N/A Chart
CBG 12.31 12.63 +2.6% 12.03 N/A Chart
NFLX 57.16 56.92 -0.4% 55.49 N/A Chart
SBGI 3.81 3.64 -4.5% 3.49 N/A Chart
CMC 17.32 17.32 0 16.82 N/A Chart


FOMC announcement days are volatile, particularly post-announcement. If holdings (including new holdings) are doing well going into the announcement, consider taking some off.

New Trade Ideas
Ticker Entry Exit A Exit C Chart
NG (Novagold) 5.61 5.34 N/A Chart
DEI (Douglas Emmett) 13.89 13.59 N/A Chart
ABAT (Advanced Battery) 3.98 3.85 3.79 Chart
LVS (Las Vegas Sands) 16.33 15.68 N/A Chart

Please refer to "How To Trade The Ideas" (right-hand side) to read this table.

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