Bulls on Wall Street: Stop Guessing. Start Trading.

SPY having issue clearing upper range.

Action in small cap index IWM and financials like bank stocks are worrisome. Something to keep in mind.

IWM posted this support level a while ago.Tap, tap and  finally broke down.No clear support till 50 MA , 146 area. Regardless,it has been a stock pikers market. Watch list names, OLED, ANET,HAL.SLCA,SM, OAS gave some nice trades. We also continues to play earning news related names. Stocks like MNK, TRIP, WTW gave some decent play with nice range.

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AERI Breakout watch.

CAI Earning mover. Watching for a flag breakout.

DAIO 20 MA bounce watch.

EL Earning mover. Watching for a secondary run.

ILMN Breakout watch.

ILMN Breakout watch.

SKX If this can hold this earning news gap, could bounce.

About szaman

Sayed is a veteran of the stock market, receiving acclaim for his hot stock watchlists. He trades in the Bulls room and blogs for the site, sharing his watchlist and market analysis daily.

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