COCO

Bought on private equity rumor, heavy short, nice daily divergence. Gap fill to 6ish looks quite possible. First target is gap resistance around 5.25.

Abbott Labs

Bought Dec 10 at 47.44. Sold today at 48.28 due to intraday divergences.

This is why I bought it:

Magna

Still holding this. It's not going to get the boost that materials are getting from the dying dollar, but still is starting to look like it has a chance of avoiding a pullback to 50 and trying for the highs again. I'm just not sure how long the rally will hold this week. Portfolio is still 60% long, 40% cash. I want to get that down to about 20/80 or 30/70 as we push into SPX 1250.

Just what I do with Magna will have to depend on intraday technicals.

Still strong. There is some resistance here, but technicals suggest enough strength to try for upper channel line around $10.

Silver Wheaton

Well, it didn't break down like I expected. Just another example of the difficulties I have trading in commodities sectors. I'm still expecting a decent shake-up at SPX 1250 so will take profits on most of the positions and wait and see what kind of reaction we get. So I'm not interested in jumping back in on this one.