With just two trading sessions to go before the long Memorial Day weekend, it is likely that volume will dry up across the board. With that in mind, it is hard to see how bears holding large amounts of capital will deem it appropriate to press their shorts at this point in time. As I indicated earlier this evening in my video recap, the energy/material complex is firming up a bit. To my eye, here are some of the best setups in that area to help exploit some of the more vulnerable bears in these heavily shorted commodity-related plays.
_____________________
_____________________
_____________________
_____________________
_____________________
If you enjoy the content at iBankCoin, please follow us on Twitter
digging the AVD play. IBD composite score of 95. have to wonder what the bears thinking is for this one…
Agree–good point.
Anyone up for a VMW $100 roll/???
Looks great.