Watchlist for 12/8/2011

FSLR - Gapped up around 7%, climbed another 6%, then faded about 6% off highs. News out they sold a solar power plant being built in California to MidAmerican Entergy in order to reduce spending. Will watch for signs of support after some selling. I will keep an eye on the $47.50 level as it was the pre mkt low and intraday low.

FMCN - $20 support level. $21.50 intraday resistance. Big $1 spike on heavy volume in the afternoon followed by a big pullback and strong close making new highs. Hope to see some profit taking at the $22 area. Short biased on pops into that level. Long bias on any dips into $20 area support.

LNKD - $75 resistance. Hope to see some profit taking at this level. Over/under short at $75. Initiated with a buy rating and $85 price target.

LULU - $44.70-$44.80 support held very well today and bounced w/in this $44.70-$45.60 range. Long biased on any move toward that support at $44.70/$45 area and hoping to break out of this range. If we gap up over $45.50, will look for this level to hold before taking any long positions.

CRK - Upgraded to outperform with a $30 price target. Could see profit taking at $20 for an over/under short play. $20 resistance level to keep an eye on and $19.40-$19.50 support. Will long off support if buyers step in, but short biased on any morning pop into resistance.

Stocks on Watch for 12/1/2011

TIF - As I said yesterday, was bouncing between $66 - $68 areas. Today held $66 support and had some decent bounces off that level. Looking for setups tomorrow off this support level for scalp.

FMCN - Held $18 as a support area today and had a big end of day run to $19 and gave a nice short opportunity there (over/under) Missed the entry as I was on the phone. Put an order in for $19.03, but was about 30 secs too late. Short biased on pops over $19 tomorrow, but won't be suprised if this pushes to $20.

INHX - Another big day for this one. Nailed a short on this one at open from $14.16 and covered $13.96 and $13.66... Tomorrow looking to short a pop to $15 over/under. Hopefully it sets up perfectly.

WBMD - Had a nice end of day run to $36.27 (High of 11/29 was $36.31). Short biased tomorrow on pops over $36. Maybe $36.15-.25 area.

YOKU - Would like to see a run to $20 for possible pullback. Will be short biased in that area.

CEDC - Had 2 consecutive days of nice runs and pullbacks. Hoping to see a big push to $5 area for an over/under play. Won't be suprised to see it push $6s tho.

PCYC - Beautiful run the past few days on this one. Hoping for a morning parabolic to $16 for over/under short play.

MBI - Up 18+% today. Huge gains...Looking for a $10 over/under short setup tomorrow. Could see some resistance in that area.

ANR - Up 15.16% today. No bias, but I'm kind of leaning toward a short around $25.

Watchlist for 11/30/2011

TIF - Dropped over 7% in pre-market this morning after earnings report and had a decent rebound right out of the gate. Bouncing betweet the $66 and $68 areas. Will keep on watch for a setup early tomorrow.

FMCN - Big $2 pop around 2pm'ish today. Shorted a bit at $18.05 on the second pop around 3pm. Short biased tomorrow on pops over $18. Can easily get $1+/share. Will try to be patient.

WBMD - Big pop today on rumors of a possible sale. Got in a small short position just over $36. Will look to short any big pop tomorrow especially on $36 over/under move.

GRPN - Scalped a decent gain on this one today. $16 area of interest for me as it shows some support and resistance in this area. Closed at $16/$16.01 today so I may take a red/green move early on for scalp.

LNG - $10 showing a lot of resistance today. Will keep an eye on this one at this level. No bias, but if we get an open just under $10, I may take a red/green move early on for scalp.

NOV - Showed some resistance at $69 today and hesitated to take the short. Short biased on pops over $69.

OVTI - Down after-hours with lows at $9.50. Will watch for setups. Long bias on washout or strong setups.

INHX - Nice run right out of the gate on this one today. Was hoping and waiting on a $14 over/under short and it came 6 cents shy. Short biased on pops over $14 tomorrow.

Other Stocks on Watch:

DDS  SINA  GS  FAS  FAZ

Financials should be in play tomorrow.

Watchlist for 11/29/2011

FMCN - Showed a lot of resistance at $17 intraday yesterday. Short biased.

ONXX - Popped over 16% midday yesterday after a potential sale announcement. It is currently up nearly 5% in pre mkt after announcing the FDA has accepted the New Drug Application for carfilzomib. Will keep on watch. Short biased.

LNKD - Big drop yesterday and has great range again. Will watch for setups.

TIF - Up 7.7% in pre mkt after earnings. On watch for setups.

INHX - Up big in pre mkt. Up about 7.2% on reports of clinical and corporate developments. Also has been upgraded to outperform and more than doubled it's price target by William Blair.

Watchlist for 11/18/2011

NTAP - $36 is an area of interest as it had some trouble breaking back over this area after it fell a bit yesterday. Also has some support at $33. Will watch these areas today.

MOS - Spiked big yesterday in pre market after they announced 21.3 million share buyback at $54.58/share ($1.2 billion value). Fell sharply right out of the gate. Will watch to long any big dips today. Maybe some $50 under/over moves...

ABD - I believe this one spiked to do merger news. $8.90 high of day yesterday and some resistance at $8.89 area. $9 will be an area of interest for me. Possible over/under short.

RMBS - Dropped over 60% after losing it's case to MU (Micron Technology). Had a decent run yesterday and showing some resistance at $9.50 today in pre market. Will watch this level for any strength and possible long entry.

FMCN - Up 15% in pre market after beating earnings estimates after the bell yesterday. $30 over/under is on watch.

NG - Looking to short pops into the $11 area.

MCP - Has support at $30 area. Will watch for any bounce.

Watchlist for 11/16/2011

GMCR - Had a huge $6+ run yesterday and almost reached the $48 mark. $48.04 is the high after the gap down. Hoping for a $48 break today for a nice short opportunity. Could easily keep running to around $50, but after yesterday's run w/out a pullback, I'm sure we'll see some profit taking around this area.

FMCN - Gave a few nice pops yesterday for potential short entries. Looking for another setup possibly on a $27 over/under move, but don't be surprised if this hits $28.

ATI - This $50 area is of high interest for me. Has been consolidating here for a while and closed right at $50.00 yesterday. I'm liking the chart and hoping it holds this area as support. A red/green move and I'm long.

CLNE - Very nice parabolic yesterday. Was hoping for a pop over $14 right before EOD to short, but it failed right at $13.99...Today will look for a pop over $14 for a short.

FIO - SS biased on $40 over/under.

Watchlist for 11/15/2011

ATI - I like the look of this chart. $50 area has a lot of resistance. For now I'm still short biased on any pop over $50, but it looks like it could eventually break and run.

BRLI - Missed a nice long setup on this on around $12.70s. I hope to see some continuation today. Will watch for setups under $13 if possible, but I also like this one on a red/green move.

PAY - Had a nice run yesterday. Kept watching for short entries, but just couldn't find anything I liked. Hoping to short any pop into the $45/$46 area.

DDS - Held right under $50 all day yesterday and tapped $50.01 once during the afternoon. Looking for this to hold as resistance and will be short biased on any pop over $50 for an over/under play.

TRGT - Long red/green on weak open. Either it pops quickly right after open or we sell a bit first, some sideways action with higher lows and boom, r/g.

TIBX - Short biased on pops over $31-$31.50 area.

MCP - Looking for this one to sell down to the $30 area for possible support/rebound.

X - Looks like it's gaining some steam, but I'm short biased on any big pop into the $28 area.

Forgot to take a shot of the chart, but you can check it out on daily. :)

Watchlist for 11/8/2011

PLCM - Big climb today and up even more in a/h. Short biased on a morning pop to $20 over/under on weak open. Hopefully we don't gave up over $20...will ruin a perfectly good short setup.

HMSY - Huge pop today. Will look to short into a morning pop/parabolic move. Either $29 over/under or $30 over/under. Those are 2 areas I'm looking at.

MDVN - Would love to see an early run to $45 for an over/under short. Could simply resist and never break, but I'm hopeful it will, then faaaaaaaaaaaaaaaaaaaaaaade.

STX - Short biased on parabolic. Would love for this to test $19/$20 first. Could fall right out of the gate, but I'll keep my fingers crossed for a $1-$1.50ish pop to short into.

INHX - Short biased. Watch for pops to $10, could do some nice over/under moves.

CECO - Nice breakout today on the r/g idea from lastnight's watchlist. I scalped it for a tiny gain today from $8.05...Could show some continuation on a $8.50ish break or r/g play on weak open. I don't like it as much now, but I will keep it on watch just in case.

OVTI - If $14 (today's low) holds, I will look to long on r/g if we open lower.

ANF - If $58 area holds (today's low), I'll look to go long on r/g move.

QCOM - Showing a bit of resistance at $57. Short biased on over/under if we gap down.

AKS - Long biased over $9.50 or r/g on weak open. R/g will be break of $9.06

ATI - Short biased on $50 over/under.

DMND - Hoping for this to hold the $39 area. Long biased.

UNM - Has been holding the $21.50 area support for 4 days now since it gapped. Long biased on r/g move (break of $22.01) or over today's high of $22.03