ENERGY SECTOR

Keep an eye on the energy sector in particular XLE - the ETF for that sector. It appears Big Money is moving out of the energy sector - gas , oil etc. Look at the big name companies - XOM, BP, COP, CVX, SLB ..All down big over the last few days. Is this the end of the energy sector bull ? Is Wall Street anticipating the end of the Oil run up ? Guess we will just have to wait and see. Until than I am going to keep my eyes and ears open searching for the next sector that will lead the way.

SHORT TERM TRADE

I am going to start posting a weekly short term trade list of stocks. Here is the list for this week.

AAPL LONG TARGET : $68 STOP : $62.50

TRAD LONG TARGET : $ 16.50 STOP : $14.50

SUN LONG TARGET : $75 STOP : $70.75

GLW LONG TARGET: $25 STOP : $22.50

CRED LONG TARGET: $28.50 STOP: $21.25

RVSN LONG TARGET: $24 STOP : $19.25

QSII SHORT TARGET: $67 STOP: $ 73