Thursday's Game Plan

The market continued to sell off yesterday as the SPY sold off for the first few hours of the day and then saw some short covering near the end of the day. The SPY also closed below the 10-20 DMA indicating that some selling has hit the market. At this stage the trend hasn't changed yet. We are still in a bull market. Commodities were the only strong sector yesterday as the market sold off. Energy sector was also strong. I will continue to look at those sectors along with any individual stocks that fit my criteria.

Longs:

CHK
GG
XOM
HAL
TRV
COF
ALTR
EMC
JCP
DD

Breakout:

SLW> 42.30

Shorts:

TGT
BK
PCAR
F
GM
WDC
UAL