A nice day in the markets, with a strong move early that held up mostly. The NASDAQ broke out of it’s trading range and into new highs for the year. It’s always good to see the NASDAQ lead, and I’m hoping the other indexes will follow.

This was good news for QLD, which I posted a chart of in last nights post. I took this trade and hoping for more upside.

I had 5 stocks in my Watchlist trigger today. Let’s look at those:

The biggest gainer was PAET. It based early in the day, but then exploded higher.

BCSI also started out slow and then exploded, closing hear its high.

VMED finally triggered.

The next 2 both gapped up by a few pennies, but I took then anyway.


I added BUCY  to my Watchlist several days ago, but removed it last night. Of course, it broke out today. Nice volume on this breakout, could be worth watching.

DTG is a recent trigger that has been on fire since breaking out last week.

TSL was a recent trigger that made a monster move today.

Trade Ideas for 12/22/09:




Good luck and good trading!