John Ward's  Instablog

John Ward
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Equities trader. I currently live in California. Email: Twitter: JWard_73
  • February 8, 2011 0 comments
    Feb 8, 2011 12:29 AM | about stocks: BIDU, NFLX, PCLN, LULU, OPEN, CTRP, MA, V, VMW, FFIV

    If the market continues its winning ways, focusing on stocks like BIDU, NFLX, OPEN, LULU and PCLN should serve one well.


    PCLN reports on 2/23 so an emphatic move either north or south could be in the works.   



    Should the market turn tail then look to short those stocks that appear to be setting up to fail:  CTRP, V, MA, VMW and FFIV.


    FFIV might be forming a “head and shoulders” pattern.  Presently, it’s running into an area of resistance around the 50 day moving average.

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