candidates for break out or short sales for at least short term gains by buying the break (or selling the break down) on good volume and closing at least some on the first day. Today including: ACO, CPA, CBEY, TSRA, AGN, WGOV, FCN, EXP
Today my friend traders and I looked at a massive selloff which we have been calling for since we hit 87.50$ on the S&P or 876$ on the $SPX. The rally in the last few weeks had no consolidation and the volume dried up leading into that strong resistance, which provided a great shorting opportunity. We took quite a bit of profits today as the market sold off too quick and the bulls did not get a chance to have a go at it yet. A small bounce tomorrow is likely as we ended on strong support levels, though if broken, we do look at other potential support levels. In this video we look at SPY, XLF, GS, $RIFIN.X, my email is idan.koren@duke.edu for those who want to ask questions.