Be careful not to chase overextened stocks, though these names can be safe to pick up sparingly.
New long positions can sour quickly -- but so can shorts.
The worst thing the market could do here would be another rally without proper consolidation.
We've only seen two high-volume declines on the S&P -- though the dollar index remains an area of concern.
On fresh earnings results, can Panera and Chipotle reheat stale market interest?
| Feb 05, 2013
| 11:36 AM EST
But 56% of those polled still think the economy's in recession, according to the latest ready from the IBD/TIP...

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I do not yet own any shares of Lumber Liquidators but I started shorting some LL Jan. 2016, $35 and $40 strike...
I'm treating today's sell-off in Valmont (VMI) as a gift. I've been adding shares and selling puts while the s...
Bristol-Myers is surging this morning following its pre-open Q3 earnings report. The stock is up just o...
Lang:
The chart is looking constructive here again on UPS and the technicals have started to move in the bulls' favo...

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