SOTDs

My stocks of the day are:

True Religion (TRLG): despite the concerns about a retrenchment in consumer spending, TRLG is breaking back above its 50-day moving avereage on huge volume. Although I am highlighting the move, and applaud the strength, I will be looking to take profits on my position in the high teens.

And as for the thorn in my side, known as Hansens (HANS), that stock is also breaking back to its 50-day moving average on big volume. HANS was one of my high short-interest picks, and could benefit from additional short-covering if the market stays strong.

long HANS, TRLG