There are sure to be lots of fireworks and headlines this morning and indeed throughout the day as the market adjusts (or perhaps tries to push around) new Chair Janet Yellen.
In the meantime, Fedex is a short idea on weakness from the bear flag on the first daily chart below.
Nabors is a long idea over $17.75 in the energy patch, especially is similar plays like BAS continue to squeeze higher.
Which stocks are at the top of your watchlists this morning>
_________________________________________________
_________________________________________________
The only stock I’m interested in today is TZA. Small caps are lagging in this latest bounce, and that’s a pretty bad sign for the bulls. I’ll reconsider if we see a decisive move above the 50 DMA on the SPY.
good stuff