On a weak day, such as the one we had today, I like to run the 20 day bounce screen, in The PPT, to help in my search for the next trade idea.
Here are tonight’s results, click here for charts.
My favorite from the screen tonight is $LVLT. Love the close today considering the tape, on strength this one my be worth a shot.
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Note: With the futures weak again in the overnight session, I may have to run a few bear screens. Feel free to throw some tickers my way if you see any good short setups out there.
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How about XCO, Ragin, with a 6.60 stop?
to short? No, that thing is due for a pop.
Something like ZNGA, that one looks ready to go back to single digits.
Scanning now for short ideas.
$ATI another possible short
LO Looks pretty to me if I can get it around 134. http://alturl.com/k2yek
I’m relatively greenhorn but picked up some $COH May 75.0 Puts today. Thoughts on the short play?
not bad, stop over today’s high