WEN is posting earnings before the open of the market tomorrow. Hoping to see an increase of sales with the recession wearing off and more people going back to work. Hoping for a nice suprise tomorrow before the open. Going to sell at 5.09
Over the next three weeks I would look for AXP to hold 49.25 and reach up to 51.5 more of the chart will have to develop for futher analysis.
MSFT is a harder read I would be a buyer at 24.75 but I don't know how much upside there is in the short term lots of resistance at various moving average levels.
T I would be a seller below 31 and a buyer above 32.
FYI - MSFT closed below the 20 Day SMA 2 STDEV band today, for the history of the stock it as come back to at least 1 STDEV below the 20 day SMA 87% time with 1 day and 95% by the second day. So long MSFT to ~25.1 5/17 or 25.05 5/18.
WEN is posting earnings before the open of the market tomorrow. Hoping to see an increase of sales with the recession wearing off and more people going back to work. Hoping for a nice suprise tomorrow before the open. Going to sell at 5.09
ReplyDeletehttp://www.foxbusiness.com/industries/2011/05/09/mcdonalds-sales-stronger-expected-april/
ABB should go up on Monday. Normally trades between 26 and 27. DRIPs money should hit Monday. I am done with WEN.
ReplyDeleteI'm looking to buy the dte june 21 50 put at .15 sell at 30
ReplyDeleteSupport and resistance levels
ReplyDeleteGE 19.90 20.55
F 15.00 15.60
BAC 11.80 12.40
Over the next three weeks I would look for AXP to hold 49.25 and reach up to 51.5 more of the chart will have to develop for futher analysis.
ReplyDeleteMSFT is a harder read I would be a buyer at 24.75 but I don't know how much upside there is in the short term lots of resistance at various moving average levels.
T I would be a seller below 31 and a buyer above 32.
FYI - MSFT closed below the 20 Day SMA 2 STDEV band today, for the history of the stock it as come back to at least 1 STDEV below the 20 day SMA 87% time with 1 day and 95% by the second day. So long MSFT to ~25.1 5/17 or 25.05 5/18.
ReplyDeleteappl 333.30 breaks support Specific Details
ReplyDeleteSupport: $338.61
Resistance: $346.06
Is 325 in our future
FCX 47.35 Support: $33.10
ReplyDeleteResistance: $53.45
with oil heading down and commodities stalling I will be abuyer again at 43
wtr 22.83 crossing its 21 day ma were going to 23.70
ReplyDeleteSupport: $17.00
Resistance: $23.04
get in now to take advantage of the 5/13/2011 ex div date
Dow forms 5 day decending triangle. We are going to hit 12,300 tomorrow. http://www.google.com/finance?client=ob&q=INDEXDJX:DJI
ReplyDeleteGE has a PE of 11.9 compared to a higher priced stock ABB which has a PE of 13.8
ReplyDeleteABB is trading at 26.30 and GE is Trading at 19.76
With 2012 earnings estimates of 1.90 and 1.66 respectively it will be interesting to see which stock performs better in the next 3-6 months.
Heavy Call volume today on F for May and June
ReplyDelete15 strike. This could move if oil comes down.
Ford forms 3 day ascending triangle. Look for the stock to move from 14.60 to 14.80 on Tuesday.
ReplyDelete