Companies in the news today....
(NYSE:JWN) - Nordstrom - recommended Buy by Deutsche - 3rd firm in as many days, I don't know, I just don't see a lot of upside here, I'm a seller on strength
(NASDAQ:AMTD) - TD Ameritrade - downgrade at Citi - this is part of that short term interest rate problem, same thing with a lot of regional banks
(NASDAQ:MNST) - Monster Beverages - Goldman raising their numbers - this is the strongest and best chart in the chart book, I would not get in front of this if I'm a short seller
(NYSE:CRM) - Salesforce.com - buying Buddy Media - I think this is directed at Exact Target (NYSE:ET) and also al Millenial Media (NYSE:MM) , be very careful, Marc Benioff trying to make a stand on CRM across the board
(NYSE:MON) - Monsanto - B of A raising price target to 96 - look, this makes sense, this was a major pre-announcement to the upside, name me one other
(NYSE:UA) - Under Armour - they're the best positioned, cotton prices have just cascaded here, they buy a lot of cotton, they've got a lot of technology, I like this company
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.