Stock Watch 3.21.11 ” Oh my Gaddafi”
As you know action is heating up in Libya. Looks like the US and allied forces are determined to take Gaddafi out for good. We sure do act quick when it comes to oil. With the crisis in Libya and Japan I would pay attention to commodity prices in Gold, Oil, Copper and Silver. If the commodities start printing high prices in fear make sure you have a basket on small cap commodity stocks to play.
Watchlist JVA NEXS DEXO UNIS URRE CBR
JVA
I love coffee but I’m going to like this coffee more than anything. Made some tasty profit on this Friday but Monday I think will be better I understand they have some good reports but a two days of parabolic moves and a 92 RSI is a short waiting to happen
NEXS
Big run off unimpressive news. Maybe a nice bounce in the morning to short into. I don’t think this holds up long.
DEXO
I like the bottom bounce here. I’m still leaning to a short but if the action is strong I will buy.
UNIS
CEO buying large share blocks keeps this thing ripping. It’s a little high on the market cap scale for my tastes but the chart is setting up nice. Just watching for now
URRE
I’ve traded this thing so many times I know it like family. Out of all the Uranium’s URRE never hold up for very long. Regardless of what Uranium does
CBR
Has a real nice upward trend plus it sits at a pivotal breakout area. Should be in play above $6.15
