Turkey Hangover

So the day that we used to think of as being one of the most bullish of the year is now upon us. It’s 3AM as I write this, and instead of gains, it appears that traders are going to be waking up to some solid red across the globe. I know more than a few people were planning to unload some longs into anticipated strength here on Friday. It will be interesting to see how things transpire. Suggest watching FAZ and several of the other weak setups posted earlier in the week. For longs, I wanted to point out WPRT, which is a pollution control company out of Canada, and Nike. The masses are in an absolute frenzy over their new Delorean Dunk shoe. Look for a daytrade there.

—————————

Advertisements
This entry was posted in watchlist and tagged , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s