Monthly Archives: January 2012

Two Decent Setups

US Steel (X) and Freeport McMoran (FCX) have been building bases for a few months and are poised to continue higher. Looking at the charts X offers the most upside potential and a good reward vs. risk setup with a … Continue reading

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TLT looking tired

It looks like TLT is forming a topping pattern that could breakdown in the next few days. I have a short position in TLT via TBT. My target is $106 – $104

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Next few days are key

The market has been showing strength for the past month and is reaching a critical supply level here. However, there are a few stocks that have been showing signs of accumulation and are poised for a breakout. Continue reading

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