I was hoping to bring you some trade ideas tonight, but after going through a few hundred charts, I have nothing. The problem with a technical breakdown in the market is that it instantly ruins a number of of great looking techincal patterns, and we now must wait for setups to take form again.
If I had to pick an area to look to buy, I would probably go with the miners here. I did see some interest Tuesday, and believe the group is due for a bounce. If I decide to play any, I may just stick with one of Jake’s Favs, $BAA.
I’ll leave you guys tonight with some of today’s top ranked stocks in The PPT, I’ve imported the tickers in Finviz for you viewing pleasure, click here for charts.
PPT members can view full screen here, and save to their profile page.
If you enjoy the content at iBankCoin, please follow us on Twitter
Funny thing is as a contrarian, my buy list is bigger than I can remember. Favorites here: $PWE $CCJ $ERF $MOS
you get some of that $RENN action today?
SPY weekly calls
YNDX
nice look on $YNDX
buying like my name implies
TRIP also worth a look
trade.cc link isn’t working for me fyi