~Market Comments~
Markets look like they will all take out their low on the open. This is what we want - either a good break or a good test of that level. The OR and prior day's low will determine the bias for the day. The shorts on the list to day are ones I can see going lower or would be worth shorting as and OR reversal. The longs are generally stocks with good support and or are acting well in the face of the recent market weakness. Long and short I'll really focus on low risk trades.
~Long Focus~
R
~Other Long Charts of Interest~
SMH
HUM
ALTR
ALTR
VECO
MRX
FRX
TLT
AET
IBM
MA
M
~Short Focus~
TWM - this is the reverse ETF of the IWM so it and ZSL are stocks to be long to take advantage of the IWM and silver respectively going down.
~Other Short Charts of Interest~
OIH
XLE
BC
ZSL
AAPL
GOOG