Details for today’s list will be covered in the live coaching session today
Long Focus:
I’m reluctant to chase extended energy plays without seeing intra-day action.
There are a few energy names that have not moved if they show strength then I’d be interested in following: PXD, APA, HES
There are also two gaps on news that are not energy worth following: BIIB (upgrade), NTES (earnings).
Other ENERGY related potential long charts are: PXD, APA, BIIB, HES, PDE, COP, CHK, NBL, APC, SLB, XLE, CVX, NE,OIH, XLE, XOM, OXY
Stocks that have gapped and held:WTW, VFC, INTU, HUM, HLF, ARUN, AGP
Short Focus:
After two big down days we need to be careful not to short into a hole. So unless the market is very weak, I don’t want to push shorts on stocks that have had a big move down already. There are lots of stocks that may set up as shorts, but are not very timely.
Stocks that may fall more even in the market holds: GWW, LVS, EQIX
Stocks with timely bearish charts: MON, STT, FCX, CMI, PCAR, MGA, SHW, TRW, UNP, A, IBM, BDX,
LH,