US Stocks I’m watching with FOMC.

October 29, 2014

I closed out a number of Option trades this week that were in profit and I’m waiting to see the fallout from FOMC before loading up again. The following charts are those stocks I’ll be looking to trade in the coming weeks assuming there is no acute reaction and sell off after FOMC. I will be looking to either sell Puts or trade Buy-Writes. 

AA: watching the $18:

AAweekly

AMAT: watching the $24:

AMATmonthly

BAC: watching the $15:

BACmonthly

BK: watching the $35 and the trend lines:

BKmonthly

CSCO: watching the $30 and the trend line:

CSCOmonthly

GE: watching the trend lines:

GEmonthly

INTC: watching the $35:

INTCmonthly

HPQ: watching the inverse H&S:

HPQweekly

KBE: watching the $35:

KBEweekly

MGM: watching the recent trading channel:

MGMweekly

MU: watching the recent Flag pattern:

MUmonthly

XLF: watching the $22 and fib support:

XLFweekly

YHOO: watching the $40:

YHOOmonthly