With futures pointing to a bounce, it will be interesting to see if bulls can finally pull off the snapback rally which many have been anticipating for weeks now.
Should the S&P 500 Index lose the midpoint of Wednesday’s range, though, below 1847 or so, I expect to see another round of panicky selling as dip-buyers find themselves trapped. If that does not happen, I assume we are in bounce-back mode for a few days before I will consider fresh short entries.
A few stocks which held up well during the correction: AGIO ALNY PANW PCRX ZOES.
Drop me your top tickers overnight.
Seems like the top tier decision
Also, watching USO at $30 if it gets there, I’d expect it to bounce with stocks.
Long $KR
TZA held up pretty well. Oh wait…
The utter incompetence in the handling of the Ebola patient and now its ramifications are just impossible to sweep under the rug. They’ll try and print out of it but this is serious shit
Nigeria contained Ebola.
Let that sink in.
BIDU? Showed strength today, right?
On the flip side, perhaps Einhorn is shorting QIHU (at least through October), so you might have good company there if you want to take a look and do your due diligence.
A possible Ebola movie clip for you 🙂 https://www.youtube.com/watch?v=rQbj9uvYL8I
NMBL has been showing good relative strength.