These are US stocks that I’m either currently trading or considering trading.  Many of them are NASDAQ stocks but, when you look at the triangle breakout on the NASDAQ monthly chart, you will see why I am encouraged by this group of stocks. I have a long history on being bullish on this index as a search through my website will reveal.

I am cautious given the current political climate but I’m looking for the NASDAQ index to potentially follow in the path of the S&P500 and DJIA indices.

NASDAQ monthly: a relatively new ascending triangle breakout:

S&P500 monthly: the ascending triangle breakout here has sure delivered:

DJIA monthly: similar here too.

US Stocks: stocks I’m trading or considering trading.

AMD: I’ve been selling Puts here for a while but note the challenge ahead with the $15 resistance level and I’m watching to see if $12.50 support holds. If so, I’d be watching for another run up to $15. If not, I’d be looking down to the support trend line. I’ll keep selling Puts until such time as $15 might break.

CSCO: I’m LONG stock here form $26 and just holding for the time being; especially given the scope for potential recovery: 

EBAY: I’m selling Puts here too.

AKS: I’m wanting to enter LONG here IF there is a bullish triangle breakout as the monthly chart reveals the potential for recovery here:

DB: I’m watching for any increase in volume and for a close above $20.

AMAT monthly: I’m LONG here from $24 and just holding but keeping an eye on this in case the monthly chart’s Elliott Wave evolves!

CSCO: I’m LONG here from $24 and holding given the scope for potential recovery here too:

GE: I’m LONG here too but have sold a $30 March Call so expecting the stock to be called away.

HRL: watching for any move back above the Cloud to start selling Puts here:

INTC: I’m LONG here from below $24 and will hold given the scope for potential recovery.

M: I’m selling $30 Puts here at the moment but watching closely.

MGM: I’m watching this as it struggles under $30 but I’ll initiate LONGs if it can break & hold over $30:

MU: I’ve been selling Puts here recently but will buy stock if it closes and holds above $25. This stock, along with INTC, paid for our family holiday for 2 weeks in Hawaii last year so I’m rather fond of it 🙂

TWTR: just watching for now in case of any bullish b/o:

YHOO: I’m selling Puts here too: