It’s interesting that ARUN is still on the IBD list given the current chart.  This is a nice point for swing trades though since there’s a bit of support/resistance playing here. 

I’m not sure how Carmax isn’t on my blog already since I owned it for an extended period in 2009, but it must have been one that was triggered off a machine trade.  I always feel weird posting stocks that I already own – like I’m just trying to pump up my own goods – so I usually end up skipping those unless I’m debating adding to my position and need to go through my normal blogging thought process. 

Carmax spent a good amount of time on the IBD list a while back, but the reason it’s interesting to me now is because it ate a 7% loss today after beating estimates slightly.  The drop was attributed to same store sales disappointing, which can be a good indicator of market sentiment towards retailers right now in general.  If sales numbers keep failing to impress, and the market keeps looking for excuses to punish stocks, it will be a strong signal that this is a good year to sit out the summer.  Yes, it’s already getting close to the summer…

As for KMX, it just passes the first rule of being interesting: volatility.  There should be some nice swing trades in the near future if you’re an agile trader.  The weekly chart still has a couple levels of support too.  The immediate one is up around $31, and the previous breakout point of $27 is also strong.  There might also be some interesting options plays in that no-man’s land, but we’ll have to see when we get there. 

The other day I briefly mentioned the rampage solar stocks have been on…  most solar stocks that is.  CSIQ has been feeling the pain since coming in below expectations and hasn’t really recovered since.  I’m still inclined to play the bullish side on the hotter stocks, but given a sector crash, it’s always nice to look at the underperformers since they often keep their headstart in on the reversals.

Support turns to resistance and makes a nice short point.  ARO was just on my list since the autotrader had been daytrading it in the recent past, but a lot of the retailers are at this point right now so you can take your pick of whichever you like most.

I don’t necessarily love or hate McDonalds, but the chart is nice.  A gap down that’s served as resistance a couple times gives some potential both ways.  If it breaks up over $76, maybe the weak January will start looking like a sloppy double bottom.  If $76 proves to be a ceiling, there’s some nice downside to play.

I’m surprised that I’ve never posted anything about NTES before since I’ve been in and out quite a bit over the years.  I guess they were all autotrades that went longer than expected, so there was never too much thought on my part. 

Not for the faint of heart, but another interesting one for short term trading.  Typically, opening high and closing low is a bad sign, but this looks like a case of just opening too high then adjusting immediately, and not a case of dying at the end of the day.  Maybe look at the intraday resistance at $46 as a potential entry point for a quick trade.  Support is a pretty steep drop away though, so size your position accordingly.

I pointed out LULU last summer as a potential bearish swing trade.  Since then, the stock went from $38 to $85.  Whoops!  At least it was on my watch list for a couple bullish swing trades (although I sadly didn’t make any money on it throughout that whole run somehow).

I guess I should give DT credit for putting it back on my radar at the last breakout, but it’s really just giving credit to the IBD list for moving it back to #1.  That means volatility one way or another.  $75 was the breakout point for the move, so we’re at an interesting point here that will either be a bounce or a breakdown.  Good for active trading with proper risk management, bad for holding and hoping.  Play accordingly.

I may be biased in favor of SodaStream since I have fond memories of Jones Soda (JSDA) when they ran up from $6 to $32 for me a while back.  Don’t be fooled by the $39 price tag on SODA since it has a market cap of just $250M.  It seems like everyone that has a SodaStream loves it, but maybe everyone that’s going to get one already has one.  I don’t have one, and I’m not sure I would ever buy one, but I learned my lesson about avoiding stocks for companies that I don’t use myself when I missed the boat on RICK largely due to that fact, even though I loved their numbers and chart at the time.

Since SODA recently IPO’d, there’s not much we can draw on the short chart.  There’s the high volume breakout today on a bullish analyst rating, but that just shows that the stock is still small and somewhat under the radar.  Other than that, the only thing interesting about this stock is all the hype.  There have been rumors that WMT and/or TGT will start distributing them, which would be huge if they could get that going before the summer.  And if all the hype doesn’t pan out, this can have some major downside potential too.  Any stock that goes from $36 down to $27 and back up to $39 in less than a month is interesting in my book.

Silver posts obviously always apply to SLV, AGQ, ZSL, and any of the various silver futures.  Gold and silver have been on a rampage lately and have accelerated over the past quarter and a half, as seen on the weekly chart above.  You’d be suicidal to go bearish now, but this could get interesting if it keeps brewing.  Hopefully the bulls will continue to run wild a little longer and we’ll get a nice crash sometime in 2011.

$5 to whoever can pronounce the name of this German tech company on the first try.  It’s another IBD stock that’s just too wild to try to draw any patterns on.  It caught my eye because it’s popped up on my autotrader numerous times too, probably due to the fact that it’s so gappy.  I’m not sure what to do with it, but the options don’t have too huge of a spread and I’m almost positive I’ll be unknowingly buying it in the future anyway, so at least now I’ll remember why it’s familiar when it’s flashing across the screen.