Evening Thread

NTAP earnings this afternoon. I put some lines and arrows on the chart. Looks like we make another gap tomorrow morning.

Afternoon Thread

GLD. lower highs. current uptrend broken. if you want something to short, here's something. No promises. There's that Greek thing to keep worrying about.

Morning Thread

Gator's Chart of the Day: GLDD

Shipping stocks have been popping and the media is on them.  Fitz says it's too late to buy moves like DRYS or EGLE (several have similar patterns) and I'm not looking to do it either.  This is one I would consider.  (Southern will remember this one.)

"Great Lakes Dredge & Dock Corporation engages in the business of marine construction, primarily dredging, and commercial and industrial demolition principally in the east, west, and Gulf Coasts of the United States. It operates in two segments, Dredging and Demolition. The Dredging segment involves in capital dredging projects primarily consisting of port expansion projects, land reclamations, trench digging for pipelines, channel deepening, tunnels and cables, and other dredging related to the construction of breakwaters, jetties, canals, and other marine structures; maintenance dredging that comprises the re-dredging of previously deepened waterways and harbors to remove silt, sand, and other accumulated sediments; and beach nourishment projects, which involve moving sand from the ocean floor to shoreline locations. ..." -- from Finviz

The stock has cleared all recent resistance and it has nothing to do with the Baltic Dry Index or shipping rates.  Clearly there is increased buying interest and it trades with enough volume that we won't be moving the market around and can easily get in and out.  This would be "day 3" of an up move but I think it has room to take a shot.