We are currently knocking on the door of more highs. It is not smart to fight the trend at this point. You had some nice cash flow trades short last week (day trades) but now at this stage we are coiled, and look ready to break higher. There are alot of attractive charts out there that appear to be ready to move higher, and some are breaking higher today. If you would like a GREAT list of stocks to start on go to yesterday’s post the “weekend Charts” I go over some great set ups there.

Currently I am looking more on the swing long side of things as the market is setting back up. 

Some names that are looking good are (no particular order):

PSX – stop would be under the 8 EMA

IYR – COILED, and READY

XLY – breaking higher, strong volume, looks GOOD! 

XLV – BREAKING HIGHER.

BUD – Consolidating at highs

KRFT – breakout continuation

JNJ – breakout, stop under the lows.

MYL – stop in the gap. Strong volume.

SWI – on a light pullback

M – break out here, looks good.

And many more. Those are just a few to get you started. Have a nice evening. As always, feel free to contact me – 

Twitter/StockTwits – @BenCBanks

Email – Visit the contact page on this website.

3-4-2013 SPY 5 3-4-2013 SPY 15 3-4-2013 SPY DAILT NO END 3-4-2013 SPY DAILY 3-4-2013 SPY 3-4-2013 VZ 3-4-2013 XLY

Knockin’ On The Door – Daily Analysis –