Pop out?

Glimcher Realty Trust should be popping up on a nice looking chart, solidified by some positive real estate news.

Friday

So lets touch on yesterday a little bit...

• The overall market.
• The Dow closed up over 120 points  +
• Unemployment stayed unchanged, rather than increase +
• On some of my recent things to watch
• Wheat: -1.74% (export ban lift decision next week)
• BEE: +14.43% (nice pop!)
• GRT: +4.88%
• CBAK: up a bit, but holding against those resistance lines. Chart below
• ZQK:  +1.37%, +14.73% since bought a few days
• GS: keeps climbing... BUT its right on the resistance line now.  Have my stop set for 170 still; been in it too long to miss it.  Chart below

                                CBAK

                                 GS

Any winners yesterday for anyone?  Have a good weekend.

- Krames

Two breakouts?

I was reading another blog and two stocks the author had mentioned in particular caught my eye for long positions; BEE and GRT.  Both are in the line of real estate and their charts are looking perfect right now for pop ups.  They are also trading at DIRT compared to their pre-2008 levels.  I like to link trends in charts with trends in the industry (not in charts but rather where they are going, i.e. an increase in M&A for iBanks), I feel real estate is back on the rise; looking for an apartment sure makes you feel that way when you see the prices!  I've posted them below (sorry if the trend lines are completely visible, I don't know why some have spaces); sometimes a simple asymmetrical triangle is all you need...

Undervalued?

-Krames