I’m interested to see how the Chinese interest rate hike effects the market in the morning. Likely, we will gap down a little and then we’ll just have to see. It’s hard to say. Basic materials will likely not look so hot (uranium/silver,etc.), but we may see a recovery by the afternoon. Here are a few stocks I’m watching for possible scalps or swings based on their current daily charts. What turns a scalp into a swing will depend on the stock’s volume and price action in the last hour of the trading day.
