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A few good names. Longs: ABT, COR, ALOG Shorts: BTU, FSLR

Some great names setting up on the long and short side. For longs we’re waiting for a break above highs to enter (buy stops work well). I typically give the markets 15-minutes to open up and settle in before placing a trade. If we break highs during this time I will set my buy stop above the 15-min high. For shorts looking to place a sell stop below lows. Stops on both are above/below recent highs/lows respectively. Longs: AAP, AGNC,…

Stocks we’re watching to buy on breakouts: Longs: BCH, CHG, FLX, FUN, IBM, LECO, OCN, RGR, SHW, TLLP Shorts: n/a To better understand these setups I recommend reading How I Made 2 Million Dollars in the Stock Market.

A full list of names to watch: Longs: ABT, ABV, ACAT, BODY, CAB, FUN, HLF, HPY, OCN, QADA, RRMS, RSE, SBS, TLLP, V Shorts: No great setups just yet. For a great place to record your trades checkout Greg Thurman’s Trading Journal.