CNO was a member of my secondary offering portfolio. Yesterday we got a clean breakout. I would expect this one to have a flag consolidation and I’ll be looking to add a position during the consolidation.
BAC is similar to GE which I currently own. It has been in consolidation since August. People are bored with it. At some point, this is going to break out from its range. This was once a $45 stock. If it can run to just $25 it will be a great trade.
I mentioned the payment processors when I bought V. MA looks pretty ripe as well. It is currently running up against resistance at that February gap. I think it is a pretty good bet that the gap will fill. If it does, the stock is at $250. I just added a position in MA. I am using a stop of $223 (right below the 3/1/2010 price bar).