We are walking into a decent overnight gap higher, I’m not a fan of chasing gap ups nor buying my alerts if they trigger right at the open. Oil names and miners were the big winners yesterday, we’ve highlighted a bunch of those name last week here –CHK,CLF,CNX,BTE,WPX,MUR,ECA. $AR was the big standout from yesterday’s list, another oil name, Huge Base Breakout
On my list today; WLB, FOE, WAB, PAH, THC, FEYE, FIVN, SPNC, VNCE, DBD, DDS, TWTR, CENX, SAIA, YELP.
- There are 3-5 day long swing set-ups.
- I only have an interest if they go through yesterday’s high plus a few pennies.
- Most of these are tight set-ups, the stops are close by, and it won’t be hard to tell when you are wrong.
My opinion and outlook are subject to change as new information comes in.
Frank Zorrilla, Registered Advisor In New York. If you need a second opinion, suggestions, and or feedback in regards to the market feel free to reach me at firstname.lastname@example.org or 646-480-7463.
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