This StockTiger.com commentary video shows several 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.
inthemoneystocks
InTheMoneyStocks.com discusses the gap up and major reversal as fears of a global slowdown trumped a weaker hurricane Gustav and drop in oil. They note key support and resistance levels in the market to watch and will release their market sentiment tomorrow. Enjoy and come join the Intra Day Stock Chat and Swing Trade Alerts.
thermal1
stocktock
StockTock.com discusses today's selling as traders returned from vacation and the volume picked up. This continues to be a day-trader's market for quick hits with tight stops. The US dollar made a new high and anything related to commodities got crushed. Money is still flowing out of emerging markets/Europe/commodities and moving into the US dollar/treasuries. Small caps held up well today but technology got slammed. The QQQQ is flirting with a technical breakdown. We look at SPY, QQQQ, XLF, RIMM, GOOG, AAPL, UUP, TNX, USO, UNG, GLD, OIH, SLX, KOL, and POT.