Late Night Strategy for Thursday

Futures are getting hit tonight, as you can see below courtesy of Bloomberg.

However, we saw this script throughout 2013, and bulls never seemed fazed. The pertinent issue, of course, is whether a true correction ensues. We know that retail stocks have been getting whacked by consumer standouts like COST SBUX also start to suffer some profit-taking after monstrous multi-quarter performances.

I am still short WYNN, looking for more downside there as other consumer-related names presumably will get hit as well.

On the long side, keep an eye on semiconductor stocks: KLAC LRCX ONNN for further strength out of intriguing technical daily chart setups.

Drop me your top tickers overnight.