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Despite the Recent Market Carnage…

|Includes:Capstead Mortgage Corporation (CMO), CPHD, EVLV, SWI

Here are four bullish chart patterns below that showed up on my bullish scans today. Today’s bounce was rather weak when you consider today’s volume on the Nasdaq, but it’s a start. I closed my only position in CORN today after the selloff and I’m glad that I took half off the table last Thursday because today’s move is ugly and unexpected. My head is completely clear to trade long if we’ve reached a bottom or short should we role over. I have no bias either way.

 


Stocks: CMO, CPHD, SWI, EVLV