Momentum Trader Report: 01/11/12

The indexes inched higher while many stocks made large moves. Things are still looking bullish with the NASDAQ.

I didnt have a post last night, but did have some triggers from yesterday. AIG followed through nicely today. GLDD closed flat.

Had I posted last night, I would have added BEE to the Watchlist. I bought this one today.

I am holding onto several positons which continue to move higher. The best has been ARIA, which is now up over +20% from my buy point.

NUE is another recent trigger that did well today.

These kinds of moves in the market only happen a few times a year, so enjoy it while it lasts. I plan to continue doing what has been  working.

Trade Ideas for 01/12/12:

MCHP reports earnings on the 23rd, so this will be a short term trade. Several stocks in this sector made huge moves today. I am hoping this one follows.

Good luck and good trading!