In the last two weeks, the sellers and buyers have found an equilibrium, neither has been able to do anything without any conviction. Dips to $187 on the SPY are being bought, and rallies to $192 are being sold. Currently, the IWM is holding up slightly better than the Nasdaq Composite and the Nasdaq 100.
$FB $GOOGL $MSFT $AMZN are some of the Nasdaq 100 names of interest for me if they can turn green on the day. $CREE on any pullback that does not break yesterday’s low is also a stock of interest, $SXCP, $WING $GLBL round out the list if and only IF they can get through yesterday’s high.
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