Ideas (stops) as August 9, 2013 $PCLN $EFA $DOW $VALE $CLF $RIO $NTAP $RAX

Some leaders continue their seemingly relentless ascent and there is either short covering or market clearing of what could be former falling “knives”. Price discovery is a process.

First Longs, with suggested stops, presented in declining USD market volume on Friday, August 9, 2013:

500M+ market volume
PCLN 889.43
EFA 59.42
DOW 35.34
VALE 13.81

250M+ market volume
CLF 20.37
RIO 45.47
NTAP 39.9
RAX 41.23
AA 7.6
XLB 39.44
KORS 65.11
BTU 15.16
EOG 144.7

100M+ market volume
BHP 62.5
VLO 33.15
NUE 45.6
SINA 68.92
VMW 76.65
CMI 114.76
Z 75.84
MT 12.37
VRX 93.41
JCI 38.61
CREE 65.72
TRIP 71.96
BSX 10.33
MYL 34.41
QIHU 59.42
ADM 35.76
UA 66.23

50M+ market volume
TSN 29.34
OCN 46.28
NOK 3.71
ACI 3.7
MR 39.16
FMX 96.65
CNX 28.52
MIDD 182.53
RGLD 44.85
FWLT 22.07
WU 17.24
FRC 41.21
VRSN 45.98

25M+ market volume
LPI 22.64
GGB 6.05
GLNG 33.77
XEC 72.47
WNR 27.08
CSTR 53.4
EPAM 28.34
VEU 45.21
LKQ 27.03
BCR 111.67
EA 23.87
BBVA 9.35
ECPG 39.87
EWU 18.35
STLD 14.52
ING 10.65
RDC 33.3
AIZ 51.78
WCG 60.4
TFM 51.6
FNP 22.57
VIPS 41.01

10M+ market volume
TSU 18.36
BITA 13.56
FXY 97.96
SID 2.64
LAD 61.27
BOFI 60.46
EWP 30.9
MTL 2.58
MDCO 28
RGR 51.27
EWS 12.98
IRE 9.79
XXIA 13.64
WAGE 36.37
LOCK 10.74
SAPE 14.24
GHL 46.01
FNGN 48.08
EWI 12.86
AFSI 39.09

1M+ market volume
KALU 61.48
EFII 28.43
ELP 11.49
LOGI 6.77
GTE 5.93
PPLT 137.31
ASR 114.51
PSLV 7.45
GSM 11.57
UYM 36.56
IYM 69.23
TESO 12.88
SLX 40.65
DBB 16.22
JJC 37.96
EEB 30.85
GREK 16.26

SALES/SHORTS, with suggested stops, in declining order of USD market volume, as of trading on Friday, August 9, 2013.

500M+ market volume
XOM 94.82
T 36.58
CVX 128.88
DIA 159.17
JPM 58.1
IBM 199.16

100M+ market volume
GPS 47.6
WMT 80.28
VZ 52.46
BIIB 239.29
COST 121.85
PHM 18.57
UNG 19.07
MDRX 16.86

50M+ market volume
REGN 288.11
PBCT 15.79
DNDN 4.53
SWN 40.98
KLAC 62.09
FIO 14.03
SUNE 9.56
SBGI 30.44

25M+ market volume
MBI 14.53
MLNX 50.71
FBHS 43.03
CDNS 15.29
TCB 15.95
CVI 50.3
MKL 551.79
NDAQ 34.21

10M+ market volume
ANN 34.91
NTES 65.9
AL 29.1
TUMI 25.24
G 20.98
DDM 105.35
DIOD 27.64
JBLU 6.98
FBT 66.95
GY 17.97
HLSS 26.07
PBH 35.77

1M+ market volume
TTEK 25.2
SYT 82.97
IRBT 38.1
ALLT 15.52
LGND 52.26
GLDD 8.22
VRNT 37.76
CPLP 10.34
GAME 5.04
WTM 605.12
BBCN 15.46
CORN 37.32
ONB 15.23
IMMU 6.42
CBF 20.86
TASR 9.48
SSW 22.28
SMN 49.97
ADNC 12.38
DWSN 39.87
IL 10.2
LNDC 15.5
CALM 53.26
NANO 15.65
HILL 3.04
AMSC 3.05

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