January 12 WSNW Alert 49 3pm
A few more
days of the negative January Zeitgeist are
left.
Whether
due to Oil, California Utilities or Japan,
next week will NOT start right (UP).
You can
use this information to decide market
on close , to go short and/or hedge or go
long if you prefer.
As this
is a short options expiration week, any trade
on the short side will have tight stops and is unlikely
to be held beyond Wednesday.
Preferred
shorts are AOL, BAC or QQQ (64-65).
If you
prefer, buy positionally stock or appropriate
March options on Alcoa (AA), Sunoco (Sun) or HWP:
End of Day Stops circa 28.75/Price targets circa 35.
1/12:
AA 31 13/16 SUN 31 7/16 HWP 30 11/16
AOL 46.47 BAC 49 1/16 QQQ 62 1/4
1/16 Eod
AA 33 9/16 SUN 30
HWP 30 3/8
AOL 46.49 BAC 50 15/1 QQQ 61 7/s
1/17 Eod:
AA 33 9 /16 SUN 29 7/16HWP
31 5/8 AOL 48.79
BAC49 9/16 QQQ 637/8
1/18 Eod:
AA 34 7/s
SUN 29 3/8 HWP 34 11/s AOL
49.77 BAC48 15/s QQQ 66 3/8
Trading updates
at
DAILY MARKET COMMENT
January 2. 11:15 am
This is
a two part buy. We are basically long for Wednesday
and Thursday.
If aggressive,
buy one position now and one tomorrow
morning if it higher.
If conservative,
buy one on close and one tomorrow morning
if higher.
Instrument
of choice is QQQ at 56 OB (currently 54).
Favorite
positional buy is CA today (currently 19).
1/2
QQQ 54
CA 19
NASDAQ 2330
1/2 eod:
QQQ 53 1/8
CA 18 3/8 NASDAQ 2291
1/3 eod:
QQQ 62 13/16 CA 21 5/16 NASDAQ
2616
1/4 eod:
QQQ 61 1/2
CA 25 7/8 NASDAQ 2566
Trading updates
at
DAILY MARKET COMMENT
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