Long: Buy over Monday’s High (Stop under the low):
- ATHN, AVA, HANS, MMS
Short: Watch for breakdowns in:
- EMN, MMC, SIGI, SINA, SIVB, WAT
Wait for a small bounce in FDX, LNN, SJT to go short. A great way to keep positions managed in this market climate is to have a basket of longs and shorts. This way, if we move sideways or continue up, down every other day you have a hedge against your position.