$GMCR - Bear Flag Formation

Potential shorting opportunity.

Retail Trade: $FOSL

Retail has been bullish. One stock that seems to be not getting tired is Fossil. A cup and handle formation with a breakout today could mean bullish price action.

S&P Retail Index, climbing towards resistance. Could mean retail stocks are due for a pull back

How I Traded Netflix: $NFLX

My recent $NFLX short:

How I Traded Apple Over Q3 Earnings: $AAPL

Strategy:

Minimize downside risk, protect existing profits

Keep some on the table to not miss out on potential gap up

Sell remaining shares at market open regardless of gap up or down.

Theory

Given high expectations on EPS, if apple fails to meet these expectations or sandbags their forward guidance, stock could fall 5-6% or to $395-400

If EPS targets are greatly exceeded as expected stock could gap up in the morning 5-8%

What I Did

Sold 2/3rds before earnings. Next morning at the bell I sold the remaining 1/3.

Bullish Charts: $AMZN, $MAKO, $DTV

Rising Wedges - $SPX, $DJI, $RUT

Dramatic rise on declining volume. The institutions are buying into this rally. Why could that be? Without big money, this market won't sustain these levels for long.

Even with good new from europe, investors are looking for an actual "plan" and not a "plan for plan". 

Oil & Gas Short Play

Oil and Gas index. Approaching resistance. $DUG is the short play when this index falls.