Going Long

To hedge my puts on TGT, I will be looking for an entry into either RCII, rent a center, or AAN, Aaron rents CALLS or outright stock.

Both are a play on the lack of credit, and trend to rent rather than own. Both reported earnings today, and both upped their guidance. AAN is looking to break above resistance at 30 (Resistance that has been in place since 2007).

I have not played a break out play yet on the long side, as I fought breakouts in AZO, GMCR & PNRA and lost.


I like the story behind these RCII and AAN. I will listen to the AAN call in the morning, and look for an opportunity to take one of the two companies long on a dip.