The action has slowed down dramatically since the Fed meeting last week. My daily long watchlist has dwindled down to a handful of names after having way too many weeks prior.
Normally the longer the list, the healthier the short-term action is.
GEN, NOMD, NIHD, SN, BDE, WING, WYNN, QTWO, are the names on my list today. I only have an interest in getting involved in these names if and only if they go through yesterday’s high plus .10-cents.
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 email@example.com or 646-480-7463.
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