Publish date:

Henry Gambell Analysis: Position Update TLT, ILMN, AA, EMC, DE, IRBT

Today's Hot Topic covers some detailed levels in TLT along with the swing stance of several others and thoughts into Friday's employment data.

This morning, Henry Gambell fills in for John Carter to for an update on our portfolio holdings. The TLT continues to look bullish, with 30 year bonds leading the shorter term notes, which is what we like to see. ILMN is acting properly, although it failed to break out yesterday. The setup is still valid for higher prices. Alcoa (AA) is setting up in a constructive pattern with a weekly squeeze behind it. Other tickers with similar setups include EMC, DE, and IRBT, which all have weekly squeeze potential.

TheStreet Recommends