As mentioned, awesome night on the NYSE last night with the SPX breaking and holding 903 which according to the traders on the floor in the US is a sure enough sign that there will be more upside from here.. maybe as far as 1010 in the short term.
Some stocks that were mentioned on Friday and again yesterday have underperformed imo and are well worth watching today.
BCN SLR JML TOE FML GGG INP TAP ABY PDN
A BIG mover/gainer in the US last was Coal which was on the back of strong data out of China. It's an understatement to say coal shares have been hit hard but most have been creeping up lately. Some are at critical chart positions imo and i think we will see the following stocks break through resistance today... COK, RIV, AVO are worth watching.
CEY in particular imo is set up beautifully on the chart with the sp about to break the long term down trend line and pointing up on the stochastic which is currently sitting in the oversold area.
Lastly someone mentioned TZN yesterday. Looking the goods imo, both technically and fundamentally.
Good luck all, should be a big day ahead imo. Positive sentiment is building momentum globally imo.
