$WAG versus $CVS What is Going On?

Note to self...what is going on and is it worth a pair trade short cvs long wag?

$HD / $SPY At highest Level in a Year. Justified?

I haven´t looked with attention at $HD latest results to have a strong opinion on whether this outperformance is justified, but will keep this on the radar for a pair trade short $HD long $SPY.

$AMZN and $AAPL Outperfomance at Record Highs.

Comparing Early July Rally to This One. Deja Vu $SPY $STUDY

I suppose this rally cannot surprise us since we saw one just like it about two months ago....and from a higher absolute level.

$KO New Century High Price.

$PEP Challenged. $KO $MCD $CL

Yesterday I enterd long $KO and short $CL .

$FFIV Underperfomance. $VMW $CRM

 

80% of my trades in the last volatile month have been pair trades. Above one of the correlations I have been trading. Going short $FFIV everytime it outperforms the other two has worked well. More correlations I have traded recently to follow.

$CSCO Relative Weakness After 11.00

CSCO went nowhere after 11.00....particularly in relation to $SPY. What does it mean? Just resting for another leg up or signalling that was as much of a pop as we´ll see?

$SPY Stairs Down ...Stairs Up? (Intraday)

$VPRT 30.00 Key...Resistance or Support?

July 28 (Reuters) - Vistaprint NV forecast 2012 profit below market expectations citing higher investment expenses, sending the online design company's shares down about 30 percent in after-market trade.
For 2012, the company forecast adjusted earnings of about $1.58-$1.68 a share, below analysts estimates of $2.64 a share, according to Thomson Reuters I/B/E/S.
It expects revenue of about $980 million-$1.03 billion. Analysts were expecting $975.9 million. 

Chart Levels $EXPE $GMCR $LULU

Trading Levels $VMW $FFIV $CRM

$DECK 97.00/97.50 Now Resistance

$VMW 102.80 Resistance Intact.

Today´s high , so far 102.70

$GMCR 105.72 Key Level Now

$RIG 61.50 Must Hold. Becomes Interesting Above 65.85

$TGT 50.25 Important Pivot.

Note to Self on Buying Strong Stocks $TPX , $QCOR

For the hundred millionth time man, buy strong stocks on pullbacks...not when they are making new highs. That way your stop-loss can be much smaller AND you will be in the stock as it makes new highs. I made money in $QCOR and lost in $TPX. Could have made so much more just by following that simple plan. Concentrate man!!! Bad Boy!

$AMZN 220.20 Held Beautifully. Can it Move Above 223.40?

$MCHP 33.50 Now support? Above 34 Likely?

I had previously mentioned 33.50 as possible fading level for MCHP...but it now looks more like support than resistance.
 http://jpotrading.blogspot.com/2011/07/mchp-fading-moves-to-3350-area.html 

$UPS 69.90 Held Three Times Today.

$YHOO 13.50/57 Held.

Breaking This Triangle to the Upside? $AMZN

A benign market this afternoon should allow for a re-test of 227 level.

$FFIV Test of Low Nineties Likely?

$VMW 102.80 Must Hold

Levels $CMG

$CMG Perfect Triangle Yesterday. Now What? New Highs?

$UTX How Will This Triangle Resolve?

$WYNN Not Impressed...Until Above 165.30 Again.

$MOS Resistance 70.00; Must Hold 68.20

$MCHP Fading Moves to 33.50 Area.

$HOG Resistance 44.75 or Support 46.00 ?

$IBM Levels Should it Disappoint.

$COF Trading Levels