NYSE Euronext - NYX - close: 30.27 change: +0.80

Stop Loss: 28.45
Target(s): 34.75
Current Gain/Loss: unopened
Time Frame: 4 to 8 weeks
New Positions: Yes, see below

Company Description

Why We Like It:
Shares of the NYX were showing relative strength today. The stock had spent the previous five days consolidating sideways near its 200-dma. More importantly the NYX has spent almost seven months building what appears to be a significant bottom in the stock.

I am suggesting we open small bullish positions at the open tomorrow but only if both the NYX and the S&P 500 index open positive. If triggered we'll use a stop loss at $28.45. Our multi-week target is $34.75. FYI: The Point & Figure chart for NYX is bullish with a $41.00 target.

Do not enter position unless NYX and the S&P 500 are both positive at the open

(small positions)

Suggested Position: buy NYX stock @ (the open)

- or -

buy the Mar $30 call (NYX1217C30) current ask $0.86

Annotated chart:

Entry on February xx at $ xx.xx
Earnings Date 04/30/12 (unconfirmed)
Average Daily Volume = 3.4 million
Listed on February 22, 2011