Another up-day in the market with the NASDAQ leading the way. It’s hard to imagine this index moving much higher from here without some rest.

AAPL earnings is what drove the NASDAQ and other tech stocks higher. I had AAPL on my Watchlist back in December, and sold it last week. I rarely ever hold into earnings, and when I do, I usually get burned. Although I missed out on today’s big gain, I have no regrets. It was a very nice trade.

Yesterday I had another trigger from my Watchlist, CPT, which continued today.

Today was a very good day for many stocks I was holding, and a big day for my account. Here are some of the stocks I am still holding which did well today.

BEE wasn’t on my Watchlist, but picked this on up on the 11th and posted here.

ELY has been moving strongly.



Had I posted last night, CXO would have been on my Watchlist. I picked this one up today.

Trade Ideas for 01/26/12:

A rest is overdue for stocks, but there are still charts setting up and taking off. I will try these two if they break out from their patterns.


Good luck and good trading!