10/20 @ 8:15am
On Tuesday, stocks sank as losers beat winners by a 5-1 margin. Mixed tech earnings and banks' mortgage concerns weighed on the market. After stellar sessions of gains, a pullback is healthy. However, volume during Tuesday's decline was heavy and bears watching near-term.
This morning, futures are pointing to a HIGHER opening.
Focus is on stocks meeting the CRITERIA & setting stop-loss limits / trailing stops as stocks rise in price.
Selective Chartists Positions (with BUY price): 6 (subscribers only)
Golman Sachs (NYSE:GS)
Cognizant Tech (NASDAQ:CTSH)
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Disclosure: Long: 6 Positions (subscribers only)