Despite Tech stocks getting absolutely crushed today, the S&P 500 nearly closed green for the day. We also had 100+ movers on our Exodus hybrid screen– meaning there was a little buying beneath the surface.
As we do on Monday’s, let’s take a look at that very list: The Hybrid Screen
$RIG takes the top spot when sorting by volume from the screen above. I can appreciate this move as I am long the $RIG, and have been pounding the table as it traded in the single digits. My oil stocks were the only thing that kept me alive today, because $OLED & $FSLR surely didn’t do it for me.
Other tickers from Monday’s screen that I find interesting include: WFT, KMI, AUY, EGO, FIT, CRZO, SODA, & DECK
I’ll be watching closely tomorrow for inflection points. Opportunity is abound.Comments »