CAMARO’s Watchlist for 9/24/13
TLT - Last week I highlighted TLT and talked about how the moving averages were starting to curl up and how TLT could get a close above its 50ma which would be a very powerful thing and today it finally did that. Today we closed above its 50day , 1st time since early May and tomorrow we should see the 8ma cross above its 21ma which would also be a first since early May. I am long some TLT calls and am targeting a big move this week up to 108-110. Its been a long time since TLT has actually bounced (not just sideways action) so any up move could be a fast one. You can see a chart I posted earlier this morning herehttp://i.imgur.com/s1mlFmD.png
BIDU - Held up great today in a weak tape and is hovering right under the psychological 150 level. I plan on buying a 150 break and looking to sell into the rip towards 151-152 I think it happens fast. Just a day trade setup here.
NFLX - Tomorrow will look for a big gap down to around 295-297 to buy and play for a red to green move. The stock today rejected new all-time highs in a big way fading 20$ off its high but it never really violated any major support levels. Still overall bullish to me but I do believe it sees a ugly gap down tomorrow but that could be a great buy the dip opportunity for me. So 295-297 is the sweet spot for me, any lower or higher and I probably wont play it. just a daytrade setup again.
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