{+++} How the market ends up next week will depend on the direction of the 10 year note and whether or not the big boys decide to chase performance into quarters end. My gut says we go higher, and I have never used the action (good or bad) on quadruple witching day as a gauge.
Here are some names I am adding to the P&L for the coming week.
CELG looks ready to go but it will depend on the action in the biotech sector. Buy the 150-151 level. Target 162-165
DWRE – Volume came into this one last Wednesday and is and now starting to flag bullishly. Buy the 48 area.
ACRX – Buy the 11.26 level
Some longs that look good that you may want to keep your eye on next week include: MELI, THRX as longs and AAPL as a possible short.
See you in the morning.