Volatility still proving to be the only for sure in the market this week. We rebounded nicely the past 2 days in the markets which made for some great trading. If you take a look at the $spy chart, note the volume on the rebound. It is much less than the sell off volume. Possible dead cat bounce that we are experiencing here so be careful holding onto a lot of longs overnight. The alerts in the bulls room totaled $553 today.
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SPY- possible dead cat bounce
CSIQ- hot secotr, breakout watch
NKTR- hot sector today, breakout watch
ISIS- flagging after big run-up, looks like it wants more
ACAD- nice bounce today, continuation through $18 tomorrow
FNSR- bull flag
BBRY- breakout through 15 should send this one