Food for Thought

Here are a few names to look at.

EEM…Emerging markets show a blow off low last week.
I’d still rather look for U.S. names than roll the dice overseas.

NYCB…is interesting simply because it put in a new low and reversed leaving a double bottom pattern on a weekly chart.

The Sell stop for any attempted long is 15.20. You know what the risk is for any attempted long.

FCX…the miners are picking up. The chart pattern is positive with it poking up above it’s 200 day mvg avg today.

Those wishing to get long with leverage should look at the 34 March calls trading app 60 cents.

I’m not interested in chasing this, however this is worth a look in the mid 50’s.

COP & SLB …both show friendly weekly patterns. The Risk is to lower on the week

140211_092739_CQG_IC_Chart_S_SLB_-_Schlumberger_Limited_Weekly

140211_092648_CQG_IC_Chart_S_COP_-_ConocoPhillips_Weekly

140211_092635_CQG_IC_Chart_S_NYCB_-_New_York_Community_Bankcorp_Inc_Daily

140211_093540_CQG_IC_Chart_S_FCX_-_Freeport_McMoran_Copper_&_Gold_Inc_Weekly

140211_092617_CQG_IC_Chart_S_EEM_-_iShares_MSCI_Emerging_Markets_ETF_Weekly

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