Sunday, December 1, 2013

Stocks To Watch - 12/1/2013

The market has been up for eight consecutive weeks and could experience a near term pull back. The potential pull back could present an opportunity to enter a swing long on some of these high beta stocks.

FB came down and tested the level near IPO high of 45. It needs to get above 49 and start forming a higher high, higher low to continue its rising trend started from the earnings report gap back in July.



GOOG continues its march toward level near 1100.



AMZN hit the 391 price target, now could be targeting near 404.



NFLX is retracing back up to the post earnings report high near 390.



Disclosure: Long NFLX Call option.


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