Boom Boom Stocks 7/27/2011

Morning folks. Market looking like a gap lower this morning. SPY down .7% premarket. We will mostly like open lower then the 20dma giving us our next level of support at the 50dma in the s&p. Overall not much action in the market. This type of choppiness is typical this time of year along with when market is awaiting news. Its a scalpers market unless you can sit there and move in and out of positions these type of days like yesterday just eat your commisions. Overall not seeing anything bullish or bearish. Going to focus more on trading good setups and let the market fall where it will the next few days.

stocks im watching

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