Best SP500 Set Ups For The Week Of 11/14

These are in my opinion the best set ups in the SP500 for this coming week, some stocks are ready now, others might need a few days to rest and restart their upward trajectory.  I left some short set ups out because the season favors the bulls and who really wants to short $AAPL right before X-mas? (it looks like a great short set up though).

Click to enlarge and to see notes: $APA, $ATI,$CMA, $DVA, $IBM, $ISRG, $JNPR, $MA, $SLB, $SPLS, $TLAB, $WFM

 

Position size is very important, especially in today’s volatile market, your expectations should be tapered down a bit as well, your stops should probably be the low of the day on the day of the breakout.   Ponder on this; 10/26-10/27 Dow Jones +590 points, 10/31-11/1 Dow Jones -572 points, 11/2-11/8 Dow Jones +529 points,  11/9 -429 points, 11/10-11/11 +399 points, all from high to low figures.  Check earnings date as well.

Best Nasdaq 100 Set Up


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.


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