Weekend Commentary from Fallondpicks.com
Friday's volume related to options expiration, but tight trading kept markets net neutral with only an upside cross of the 5-day EMA in the $NAA50 the only change on the technical/market internal front. Volatility surged to leave a bullish engulfing pattern for the indicator, but there are plenty of resistance points overhead - so I wouldn't read too much into it yet.
I am bearish for the Ticker Sense Blogger Sentiment Poll.
Newsletter update:
CSTR finally bit the dust after what looked to be a spate of profit taking; the stock featured as a Breakout for July 31st, August 30th, September 14th, and November 9th; each play closed for a 24% gain, 14% gain, 8% gain, and a 1% loss. JOBS clipped its stop; the stock featured for as a Subscriber pick for November 14th, and as a Breakout for November 22nd; the latter play closed for a 6% loss and the former play for a 2% gain. DLIA broadened its pennant to clip its raised December 5th stop price; the Subscriber pick closed for a 7% gain.
Fallond