*Update Moving forward, watchlist released for free every Sunday night will only list the stocks that I am watching. Entry/exit zones (along w/ charts) will be shared occasionally with individuals who are signed up for the newsletter. If you're not on my mailing list; sign up below. It is free.
Smith & Wesson Holding Corporation (SWHC) I have been bullish on this stock for several weeks now and remain bullish. This stock is up north of 30% since being placed on ShortMeTina's 2QP; and there's still room for more upside. Take a look at the numbers reported for June. Solid growth, to go along with this solid company. Fundamentals are great and the technical picture is even better. I remain long this stock.
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Facebook, Inc. (FB) Stock continues to show signs of weakness and continues to have a hard time, piercing through $116. I see more downside in the upcoming weeks. Chips remain on the short side
Also watching $SPY $QQQ $IWM $DIA $NKE $NFLX $GLUU
This watchlist is for information and illustrative purposes only. It is not, and should not be regarded as investment advice or as a recommendation to buy, sell and/or hold any securities mentioned above. All investments carry risk, there are no guarantees. Investors should consult with their advisers with respect to their investments.