Stock Set-ups For Next Week and Other Fun Stuff. Feb. 7th

Flashback Friday

• We had a little fake out this morning after the horrid jobs report. Today felt a little like 2013 didn’t it? Nice to have a little flashback Friday.
• I guess Ichan is going to be a hero again, AAPL.
• I am sick to my stomach for not buying options on PCLN this morning even though it was my plan. No, seriously; I’m nauseous for not buying the calls that went from $.0.14 to $15.00.
• I think LNKD is going to be back in play very soon and TWTR is going to be chased again, but not to the same degree as the first time.
• Chart of the day: SICK 
• Tweet of the day: 
• Lot’s of great set-ups across the board. Instead of running through the list that everyone is looking at, I figure I will give you set-ups I like that aren’t on everyone’s watch list.
• First here is a quick update on the stocks I posted last week (which you can see here):
  • HSP – still in it and held in great throughout the pullback.
  • AWAY – still love it. Has been consolidating very well.
  • ALGN – pulled back to it’s base on lower volume. I still like it.
  • CYBX – if you watch the tape intraday you see some big buys going through…something is brewing.
  • BAC  – I sold it for a double (obviously options). I still like it, but wanted to make room for other things.
  • C – I stopped out Monday for a loss.
  • AOL – Jumped great after earnings and I missed getting out. Had a decent recovery after downgrades today and the huge option call trades are still there so if the #WiseGuys are staying, so am I.
  • ESRX – I entered it late last week and think it still looks amazing and has much more upside left.
• Here are some great looking set-ups for next week. Remember I like to swing these (unless I get a huge pop right away) so if you have a one week time horizon these may not be for you. If the market starts to substantially pull-back again and the end of the week was a bull trap then these are on hold. Also, please check earnings if you are going to enter any of these.

YY: I am already in this position, but it’s just getting started. It also just got an upgrade by Deutsche Bank with a price target from $55 to $81. 

PRLB: Getting very close to breaking out. 

Z: I picked this as the chart of the day yesterday and it already started moving; however, I think the bigger move is yet to come. 

HIMX: Very nice consolidation and check out the volume on up days. 

GRPN: Just getting started. 

SYK: I already have a position here, but if you don’t mind getting in near the highs the next leg is coming. 

SPWR: I am a big fan of solars this year. Nice higher low bottoming candle this week. Oh and after the bell Musk reported a 23.1% stake in SCTY (another solar name).

REGN: This one is not for the faint of heart because it has very large swings, but great set-up in the bio industry.

Stay tuned this weekend for some open interest updates for you momentum junkies…..