Whole Foods Market (WFM) 8-17-2014

Whole Foods Market ($WFM) has really gotten hammered in 2014 due to investors worrying about their lack of growth. They have missed expectations on their last two quarterly earnings, but the chart looks to have found a short term bottom. All of the bad news seems to be baked into this stock, and it has been acting a lot better recently. I like Whole Foods on a break of $39.50; stop placed at near term support of $36.

During the day I will tweet chart/position updates to my followers on both Twitter and Stocktwits (NCInvestor). Please follow me @NCInvestor.

Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in NC Investor Blog is often opinionated and should be considered for informational purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.

Thanks for visiting NC Investor Blog.

Under Armour (UA) 8-17-2014

Under Armour ($UA) has been one of the S&P's biggest winners in 2014. It broke out on earnings and is holding the breakout well on decreasing volume. I like this above $70.25 with stops placed at $65.50 (bottom of the bull flag). I have a short-term target of $80 on Under Armour.

During the day I will tweet chart/position updates to my followers on both Twitter and Stocktwits (NCInvestor). Please follow me @NCInvestor.

Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in NC Investor Blog is often opinionated and should be considered for informational purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.

Thanks for visiting NC Investor Blog.

Lockheed Martin (LMT) 8-17-2014

Lockheed Martin ($LMT) is a leading defense contractor with a beautiful chart. Lockheed Martin is approaching new all time highs, and still isn't that expensive with a forward P/E of just 14. Lockheed's next earnings report isn't until late October, so this isn't a factor. I like this on a break of $170.50 with a stop at $162.50 right underneath the 50-day simple moving average. Target is $180.

During the day I will tweet chart/position updates to my followers on both Twitter and Stocktwits (NCInvestor). Please follow me @NCInvestor.

Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in NC Investor Blog is often opinionated and should be considered for informational purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.

Thanks for visiting NC Investor Blog.

Celgene (CELG) 8-17-2014

Celgene ($CELG) looks good over a break of $90.20. All time highs are right above at $90.50, stop placed at $84 below the 50dma. Celgene has been a market leader for some time now in the Biotech sector. Celgene's next earnings date isn't until late October, so it is a nonfactor. MACD and Stochastics make it look like a breakout is inevitable.

During the day I will tweet chart/position updates to my followers on both Twitter and Stocktwits (NCInvestor). Please follow me @NCInvestor.

Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in NC Investor Blog is often opinionated and should be considered for informational purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.

Thanks for visiting NC Investor Blog.

Goldcorp Inc. ($GG) 8-17-2014

Goldcorp Inc. ($GG) has been stuck in a channel for a few months. I entered on Tuesday at $28.78. The Gold Miners have been acting better recently, and I'm looking for a breakout above $29.65. First target is $32. Stop is placed right below the bottom of the channel at $26.75. Aroon Up signaled a new uptrend on Tuesday.

During the day I will tweet chart/position updates to my followers on both Twitter and Stocktwits (NCInvestor). Please follow me @NCInvestor.

Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in NC Investor Blog is often opinionated and should be considered for informational purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.

Thanks for visiting NC Investor Blog.