Hello Everyone,
Quick Notes: Bifurcated day for the market with the Dow Jones and Russell closing down, while the Nasdaq and SPX posted gains and for the 21 market sectors we follow it was pretty much an even mix of red and green. Weakness concentrated in energy, financials, banks, transports, metals and mining, while the strength has been in technology.
As far as trade ideas we have had some amazing setups and by far most of the charts I'm going over tonight are triggered names. I only added a few new setups (AMC, HOL, AVIR, HOWL etc). Otherwise keep a few hedging ideas in mind as divergences are building on this market (see the NYAD chart in the indicator section).
Nice day for ASPS, which I sent out on the weekend and for many of our other trade ideas.
AMC, HOL, AVIR, SLS, LCTX, HOWL are a few that look decent
Matt
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