Trucharts.com Blog Brief Update:
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Here are some stocks we like and are long and also keeping a close eye on:
Jobs reports was strong and USD is moving up and treasuries are dropping and yields are moving higher. Gold down - we are short AEM.
1. DTEA - went IPO today - we are long
2. UA - breaking out of a base - challenging NIKE
3. CYBR - we went long today
4. TIF - like it - but closed this position
5. BIDU - love this stock
6. QIHU - looking good for short term trade and China momentum
Charts to watch for SPY and IBB - check the 13 week SMA and 50 week SMA: