The $OIH leads again this morning, with the metals $XLE and materials right behind $XLB. Oil prices remain stable this morning, now flirting with $56. Social media stocks seem to be in play with $FB being one of the clear leaders on the day. I took a position in YELP based on the strength in the group.
Here’s a look at the top industries this morning:
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Other than the trade ideas I posted LAST NIGHT. Here are a few names to watch from the runner screen: AKS, BTU, FEYE, CDE, & RWLK .For the full screen results, CLICK HERE.
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Thoughts on IDRA here?
Still good here. I would be concerned if it broke yesterday’s low.
Caught a nice squeeze in BAS
That thing was a monster, wish I still held it.
YELP working well, nice ramp here into the close.
Are you trading any of the MaryJane stocks?
Not here, they fell off my radar. I may need to revisit them soon.