Mid January Setups

Holiday shortened week coming up with the market closed on Monday. Options expire on Friday, and max pain for SPY is about 3% lower at $125. Despite clear potential for more upside in the short term, I have little on my watchlist in terms of liquid longs. Many charts are simply overbought. So then, with the exception of HOS, I will point out several obscure firecrackers in need of possible attention, and then there are a half dozen juicy shorts.

Always be cognizant of rogue earnings reports by checking the earnings calendar.

———————–
LONG:






————————
SHORT:





This entry was posted in watchlist. 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 )

Connecting to %s