It was another quiet choppy session on below average volume with the S&P barely positive. Considering the major earnings and economic reports this week it should be expected. I suspect tomorrow will be similar.
Solars, home builders and semis outperformed while copper, gold miners and real estate underperformed.
The apparent resolution of the Greek problems put pressure on the dollar index and it is now back below the 20 & 50 day MA’s. The market didn’t seem to care today we will see if that lasts.
The following idea’s may be actionable tomorrow but be picky this market feels tired and stocks that have broken out have been sloppy and prone to failure. Look for good volume, be nimble and use reasonable stops.
abx 42 long
aem 62 long
amgn 61 long
cf 93 long
gg 41 long
nyt 12 long
rax 20 long
bvn 35.5 long
ge 19 long
ir 38 long
spwra 18 short
agu 66.68 reversal/support buy on 50 day MA
hum 43.52 reversal/support buy on 150 day MA
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