daniel stecich of athena advisor services joins us for chart talk. hi daniel. > >how are you doing today? > >i'm doing well. what stocks have caught your interest today? > >the ones that have caught my interest are the ones that didn't catch my interest last year. two of them i'm looking at are ibm and alcoa. ibm has been pretty depressed all year. i think they have a good shot at some growth. they always seem to come out of bad situations and do well over time. as far as alcoa goes, if you believe in the global growth story, and i do, i think alcoa has a lot of room to run as well. > >why have these 2 decided to not get caught up in the rally? > >alcoa was a big function of the world economy not doing well and that's starting to change right now. ibm i think is worried about their products and how they're gonna be able to fit into the future tech boom---maybe the cloud area. but they'll figure out a way. ibm has been around a long time and for good reason. > >what's your confidence level as to the strength of the economy with these 2 stocks? > >gett

time now for chart talk and daniel stecich of athena advisors joins us this morning. good morning to you daniel. > >good morning. you are taking us right to the automakers with ford. this is a stock that you are actively trading. what do you like in this chart? > >if you look at ford it's near the high of the year, i think it's been up near 18. it's come off a little bit here on autosales that were strong but not as strong as they expect. but if you dissect that number and go into it you'll see that ford's f150 section did really well. it was one of their bestsellers and that's a high profit margin vehicle for ford. and if i compare ford to gm, ford has a pe of about 1155. gm has a pe of about 15 and there is no way in the world gm should have any higher pe than ford does. so either one's coming down or the other one's coming up---and i think ford is going up. > >how far up? what would be your price target and would you have a stop involved in this trade? > >i would look at ford at least up to 21 by the end of the year. with most stocks i have a physical stop in there

daniel stecich of athena advisor services joins us now. daniel, a terrific relief rally yesterday. the market clearly feels better. do traders feel better now that they know that tapering is going to happen? >>that's right. and i think the market likes certainty. what was a surprise was when i was speaking to people yesterday about this, i thought the market might fall off a bit if there were a taper and it did. 60 seconds later it was up 12 points and then by the end of the day we were up 30. but the market does like certainty, the fed gave a little more direct statement as to what they do. no tightening until the unemployment rate goes down to 6.5%. so that's making them feel comfortable right now. >>now the question is, where does the market go from here? what's likely to happen in trading today? >>as far as today goes, you're not going to see a whole lot. a couple things going on here--- we're in holiday markets pretty strong right now so volume's going to be light. so any movements in here might be a little exacerbated. and i think you might see some profit taking in here. not