Last Friday on CNBC's
Ed Ponsi of Barchetta Capital Management, who was back by popular demand on our "Trading on Twitter" segment, reviewed the tweeted questions we were unable to answer during the show.
Here are his comments:
@Peter_Teller10: Strong REITs that pay a good dividend with upside $VNO I see maybe at $105-$110.
Ed Ponsi: $VNO (Vornado Realty Trust) chart looks good overall, it’s been trending higher all year. It might fall as low as $88 (April support AND trend line support) but the dividend should make it very attractive at that price. Good yield is hard to find!
@movingaverages: What would you think of NYSE:EWW?
Ed Ponsi: Ewwwww! That’s the sound I made when I learned that my au pair puts mayonnaise on her corn on the cob. $EWW (Ishares Msci MexiCo Investable Market Index Fund) closed right on its 200-day moving average on Friday, so it could be due for a bounce here. If it breaks below the 200, the next support for $EWW is the March low of $58.
@BigTrades79: Good call on $LAVA last week. I like $BPAX, $LVLT, and $COOL.
Ed Ponsi: Thanks! Last week, we showed some love for $LAVA (Magma Design Automation)—and on Thursday it hit a new year-to-date high—not too many stocks are doing that in this environment.