RACK - This stock has made a very strong vertical move. Technical Analysis indicates that the stock is overbought and one should probably wait for it to come down some before an entry. However, we are already profitable in this one and will be looking to exit tomorrow if it opens to the downside. At that point we will observe the stock for reentry.

                            Chart courtesty of www.stockcharts.com

EMA - This stock seems to be making a possible move to the upside. Technical analysis shows that average volume is increasing slightly. Also, the stock has broken out above its 50 day moving average. We will continue to watch this stock.

                         Chart courtesty of www.stockcharts.com

More to come,

SMG Staff