New Watchlist Setups for Friday 1/15
Posted by lasertrader on January 15, 2010
Its options expiration Friday and I know a number of traders that just take today off. Many stocks will get pegged to a particular strike price and not deviate from that price for the rest of the day. Keep your expectations low and take any gains when offered. The Big Picture of the markets is discussed here.
Today I will look to daytrade my favorites from the past Two days WYNN, LVS, LZ and it may be good to keep a watch on V. The other credit card companies have all made a move up and V is lagging. Maybe it plays catch up.
Here are some swing/trade ideas that popped up but again I may wait until Tuesday (Monday the market is closed) to put on new positions.
AAPL long 210.50 area
CAT long 62.90
RAX long 23.40