GRMN as expected this will be a nice two to three day trade before any sell off, and even after the sell off it will probably keep heading north. More on this later… as well as scans for Monday!

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Lots of good things happening around the markets today. Very bullish day all around not to mention IBM!! IBM’s Q1 earnings jump 26 pct, company increases outlook - this should lift the markets into a spectacular day tomorrow!
Wall Street Journal: IBM Bucks Slowdown, But We’re Not Out of the Woods Yet
Seeking Alpha: Is It Really a Tech Tell?
Seeking Alpha: Big Blue Delivers Big Profits

AAPL $160 breakout

BIDU shorts have been and continue to be toast

IBM great numbers out after the close and unlike CROX they actually increased their outlook

MA - we’ll see if it can bring V with it, again I’m not buying V until it breaks $70, then its a sure break towards $100 since its a physiological target

ICE on the verge of breakout, another great set up here, this can easily squeeze towards $165

Trade Ideas for tomorrow?

GRMN has it sank enough yet? $43, if the market is strong tomorrow this could move towards $45, I’d expect a small bounce before it hits more lows. In fact I believe $42s will be the lowest this goes for the next month

GNVC - This one finally peaked as expected - didn’t quite make it to $2.50 but surely lost it from there, should test $2.00 before testing $2.50 again - in fact it should test around the $1.80 mark.