Stock Market Analysis: 03/07/10

Shake Shack (SHAK) – Shake Shack (SHAK) is trading sideways ahead of earnings Wednesday night. Shake Shack (SHAK) – Shake Shack (SHAK) is trading sideways after solid earnings on Wednesday. Shake Shack (SHAK) – Shake Shack (SHAK) is dropping after solid earnings last week . Shake Shack (SHAK) – Shake Shack (SHAK) is trading sideways after solid earnings on last week SHAK is a strong buy below $30. Shake Shack (SHAK) – Shake Shack (SHAK) is trying to hold long term support around $30. 63.36 must hold or RIMM could end up retesting $58 where it has support. Sirius XM Radio has support at $1.00, a break below this level would be bearish. Jumia remains an interesting speculative play on rising internet penetration and mobile usage rates in Africa, but its tepid growth rates simply can’t support its premium valuation. SkyPeople Fruit Juice (SPU) – SkyPeople Fruit Juice (SPU) is rising in pre market. The forex market provides traders with some lucrative money making opportunities. Another important thing to remember is that you should stick to tickers with a price below $50 simply as the liquidity requirements above that level become distracting for most traders. Ford Motor Co. (F) – After Ford released earnings this morning, I have put a 3 month price target on the the boutique at $8-$9 per share.

SkyPeople (SPU) – SPU is trying to break out after the company released news this morning. Small Cap Bull 3x (TNA) – TNA is starting to break down again. I plan to buy AMD on a break above $8.20. FAS will be a buy for a trade below $17 now. Resistance will be located in the low $21’s. Resistance will be located up around $23. SPU will face heavy resistance between $6.50-$7. We may get one more great trading day out of Zanett on Monday but then I think it will cool down. Pulmatrix (PULM) – PULM dropped into the $3.80’s on Monday and then bounced. Small Cap Bull 3x (TNA) – TNA surged back to $110 on Monday. China 3x Bull ETF (YINN) – YINN skyrocketed to a 52 week high last week. China 3x Bull ETF (YINN) – YINN skyrocketed to a 52 week high on Thursday. China 3x Bull ETF (YINN) – YINN is up 35% in 2017 failed around $21 last week. SnapChat (SNAP) – SnapChat (SNAP) fell apart this week and is down about 30% from the high. China 3x Bull ETF (YINN) – YINN skyrocketed to a 52 week high on Tuesday. SnapChat (SNAP) – SnapChat (SNAP) fell apart this week and is down about 35% from the high.

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