I am watching the dollar here as it really is the benchmark for me in the stocks I like to short. The financials look like they are going to extend yesterdays gains and everybody seems giddy this morning. I don’t really trust the giddiness and will be watching carefully for opportunities long or short. Gold and oil are getting a slight bounce here this morning and we will see if the move can stick. I will be looking to reload on the short side on rallies.
A couple of names I am watching that have been acting very well are:
JRJC- right here looks good as long as volume is strong
EJ-posted yesterday ,and a move over the mid 18’s could set it on fire
I won’t chase financials here