The market gapped open this morning and effectively traded in a .50 range for the rest of the day. It was a quiet day ahead of the AAPL numbers. As I write this it appears they like the AAPL numbers and it is trading around 259 up about $14 from the close. That has the QQQQ and the SPY trading close to the 2010 highs, let’s see what tomorrow brings. I want to see if AAPL has enough to bring the broader market to new 2010 highs with it.


Today’s gap up and sideways action provided little opportunity to buy on dips, but at the same time the breakouts that did trigger were mixed genz (failed) srcl (.12 gain). My point is, in this quiet choppy market be picky.

The following ideas may be actionable tomorrow. I am going to have a close eye on AAPL to see if he is driving the market tomorrow, but there is a good chance that he does his own thing and the market just trades on.

apol 66 long

cern 90 long

driv 32 long

stx 20 long

ads 68.5 long

apa 109 long

dlb 60 long

luv 14/13.95 long

rost 57 long

shld 111.5 long

slb 68 long

ilmn 37 short            cover before the 150 day MA 36.13

aa 13.41 reversal/support buy on 200 day MA

ati 50/49.68 reversal/support buy on 50 day MA

bucy 65.1 reversal/support buy on 50 day MA

enr 59.84 reversal/support buy on 50 day MA

infy 59.04 reversal/support buy on 50 day MA

tck 40.38 reversal/support buy on 50 day MA

wdc 37.39 reversal/support buy on 200 day MA