Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Potential Ideas For Next Week

|Includes:GLD, IBM, JCP, Microsoft Corporation (MSFT), SLV

IBM

->big gap after earnings, which found more initiative sellers during Friday. the highest volume seen in a while!

->potential demand around 185$ area.

MSFT

->another gap after earnings, with some degree of hidden sellers.

->watch closely 30.20$ area for more clues, chances for a nice potential trade are significant.

YHOO

->we are in the biggest down wave since we started the up trend, this could imply a potential reversal or maybe just a retracement which implies a continuation up. either way once is clear, it's a nice trade opportunity

GLD, SLV

->bot had a very large down moves, the one in gold was the biggest in last 30 years.

->both days was testing on Friday for any sellers left and if this is confirmed next week we could see a nice up retracement, helped by the short covering which will be triggered.

SPY, IWM

->both emini s&p and Russell ETF's are at demand area and could be a nice opportunity but for relatively low period of time, considering the context we are.

UNG

->i keep watching to sell the gas but i didn't get any confirmation when weakness appeared and frankly in don't get based on what price keeps continues to trade up.

USO

->we are at long term demand area and we saw some buyers stepping in last week.

JCP

->another stock with nice up side potential, i look for that to confirmed next week.

Stocks: MSFT, GLD, SLV, JCP, IBM