Just yesterday it looked like the market was ready to fall into the abyss, breakdowns were found everywhere you look. That is not the case today.
The bulls were able to grab back key levels in all the indices, including the Euro as well as oil. And, the feel the market has here, to me at least, is that is wants to go higher.
I hate trading huge gap up days, especially before a weekend, so there won’t be much action from me today. But, if the bulls can hold this level going forward, there will be plenty of good trades to be had going forward.
Here are a few tickers of interest: BWLD, CRR, FRO, GNK, MCP, NFLX, OPEN, PWER, SINA, & WYNN