Monday Market Wrap- 3 Triggers Today, 2 New Names Tonight

Triggered Stocks

VTAE, GPRO, TSRO

Stops

SPLK +2.00, MDVN +11.00

New Ideas

ACHC- had a gap higher on strong earnings back in October. Volume is strong which shows accumulation. Buy 63.15

BLT- reported good earnings and is working on a very bullish cup and handle pattern. Buy the 16.60 level.

Upside’s Commentary

We continue this sideways movement and alll the charts of the indices look identical, EXCEPT the Russell 2000 which broke a bit today. Lets hope this doesn’t shake up the other indices. Bulls are still firmly in charge for now.

See you in the morning.  Have a great night.