The technical traders and momentum guys are starting to dig around…

Well, there’s little news in the way of more bailout for Greece’s lenders and for the first time in a long time, there’s really a dearth of macro-economic news driving the headlines if not the markets today.    Even Microsoft, which today is up about 4% now, has little fundamental news to catalyze today’s move.  That said, the technical traders and momentum guys are starting to dig around on Softee and are liking the way the chart’s setting up.

I’ve got some good size in Softee and with this morning’s rally it’s even bigger because those $25 strike price calls are kicking in as we cross the $25 level.

I’m headed up to NYC for a couple days of work and marketing so tomorrow’s postings will be light.   That said, I’m wrapping up some work on a brand new name and will be giving you all the juicy details tomorrow after I stay up all night finishing it.

Back after the close.  Stay focused!