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Dr. Kris hails from the land o' lakes, beer, bratwurst, and Bucky Badger. She traded in her cheese hat for a propeller beanie and has never looked back. She has two degrees from MIT because one just wasn't enough. Her life goal was to figure out the universe and having done that (at least to her... More
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  • Market Notes: Trade Ideas For The Week Ahead -- 9/1/14 0 comments
    Sep 1, 2014 10:26 PM | about stocks: UUP, FXE, IWSY, SYN, VEEV, BBD, BDORY, ITUB

    Well, I do hope everyone enjoyed their Labor Day holiday! My apologies for not getting this out earlier but I, too, wanted a couple of days of R&R. Lest you think I'm shirking my duty, okay, I am--to some extent. But on the other hand, I'm honestly not sure where the market will be heading in the next few days.

    Essentially, the market has been moving sideways for the past week or so and the Dow Transports (DTX), the generally acknowledged leader in market direction, has been quiet. For now, the bulls are still in control. Here are some recent market mentions that continue to shine:
    1. Brazilian banks (BBD, BDORY, ITUB), highlighted here recently continue to jump.
    2. The currency pairs trade--long USD (NYSEARCA:UUP)/short euro (NYSEARCA:FXE) is still on track. On Friday, the USD remained stagnant but the euro broke to the downside

    In brief, here's what is on my radar list for the next couple of days. Note that I am neither recommending buying them nor shorting them--most are speculative ventures and should be treated as such. They have all been exhibiting excellent upward momentum:
    1. Imageware Software (IWSY, $2.65) is a provider of image-related security software to law enforcement and businesses. The stock has been rallying off a relative low put in a year ago and has been under accumulation for the past several months. It broke above $1.40 resistance and pushed ahead 10% on heavy volume on Friday.
    2. Synthetic Biologics (SYN, $2.62) is a biotech focused on irritable bowel syndrome. The stock has been trending up but was seeing resistance at $2.40. On Friday, it motored well above it (+14%) on a good drug report that is incomprehensible to me. Those of you into biotechs should look into this as many in the know on Seeking Alpha like the company's prospects.
    3. Veeva Systems (VEEV, $29.97) soared over 20% on Friday on seven times normal volume following a great earnings report and the news that the company is hiking full year 2015 guidance. Although the stock jumped considerably, it wasn't able to pierce minor resistance at $30. Should it do that on volume conviction, it could easily run to its next resistance levels at $34, $36, and $40.

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