Stock Watch 1.24.12 ” Sludge Factory”
Trades Monday $DANG -250 $PEIX +120 $TLB -220 $PETS +200 LNG -40 Total -200
Most stocks wallowed in a muck of sludge Monday. There were some flashes of heroes but most were tricksters and fakes, like celebrities. That’s been the theme for a few days. The market has been on a manly run so this is to be expected but it still gives me a headache. Watch getting aggressive on longs till you see nice volume blocks.
Watchlist
BBEP CTIC TRCW PEIX SBSA