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Monday, December 21, 2009

Trade Ideas for 12/22/09

Today the markets broke out, with the Nasdaq hitting new recovery highs while the S&P 500 fell just short. This rally could have legs; let's see if the S&P can follow the lead of the Nasdaq. We bought URE and ZSL and were stopped out of SKF.

Current Holdings
Ticker Basis Closing
Price
Perf. Sell-Stop Addl Exit Guideline Chart
AONE 16.81 20.11 +19.6% 17.34 Consider putting sell-stop for partial shares at 19.75 Chart
VVUS 8.76 9.74 +11.2% 8.99 N/A Chart
ZSL 4.71 4.72 +0.2% 4.49 N/A Chart
FST 19.61 22.47 +14.6% 20.67 Consider putting sell-stop for partial shares at 22.47 Chart
CBG 12.31 13.18 +7.1% 12.93 N/A Chart
DEI 13.89 14.35 +3.3% 13.79 N/A Chart
SBGI 3.81 3.86 +1.3% 3.68 N/A Chart
SMN 8.96 8.83 +1.5% 8.69 N/A Chart
CPST 1.30 1.29 -0.8% 1.22 N/A Chart
URE 6.71 6.80 +1.3% 6.42 N/A Chart


We're pretty heavily long here, so not too many for tomorrow.

New Trade Ideas
Ticker Entry Exit A Exit C Chart
VCI (Valassis) 18.74 17.99 N/A Chart
IPSU (Imperial Sugar) 15.09 14.49 N/A Chart

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

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