Longs: RTN, STI (Sat), UTX (Sat), TRV (Sat), ALTR (Sat), COF (Sat), JNPR (Sat)
Breakouts: WDC<35.50, D>48.50, SUN<39.00, dd<41.20, JNPR< 36.50
Volatility: (ORCL R= 33.40, S= 33.90)
Shorts: STJ, ARUN
Notes:
SMH and QQQ were the weakest yesterday, I have alot of saturation plays along with breakdowns today. The market is very choppy and is trading with almost no bias. I will remain cautious in this environment.
Breakouts: WDC<35.50, D>48.50, SUN<39.00, dd<41.20, JNPR< 36.50
Volatility: (ORCL R= 33.40, S= 33.90)
Shorts: STJ, ARUN
Notes:
SMH and QQQ were the weakest yesterday, I have alot of saturation plays along with breakdowns today. The market is very choppy and is trading with almost no bias. I will remain cautious in this environment.
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