Wednesday, May 8, 2013

My watches for 5/8/2013

Here's what I'll be looking to add to my portfolio tomorrow. I could only find one long set up that I like that didn't have earnings this week. Instead it has earnings next Monday after the market close ($TTWO). I will not hold into earnings. So I'll be out of it should I take the trade before the market closes on Monday come what may. I also like $DECK short as a sort of hedge although in its own its a perfectly good short play due to the nice bear flag after selling off hard on earnings in late April. I would like to add this short position to my portfolio just in case the market has one of those weird ugly sell off days or a couple days of pull back.

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