Shark Bites: There Is No Wild Celebration Going On, but These 3 Stocks Look Good

Although I don't view the index charts as that bullish, I do like some individual stocks.

Some market participants are attributing today's strength to a greater likelihood that Hillary Clinton will win the Presidential election. The thinking is that Donald Trump creates uncertainty, so therefore the market prefers Clinton. The market is seldom that simple but "Market Celebrates a Hillary Debate Victory" is the headline that we will likely see tonight if the market holds on to its gains.

While the indices are up, it isn't exactly a wild celebration. Small-caps are lagging -- and that is keeping breadth just a bit higher than even. The FANG names, particularly Alphabet (GOOGL) and Amazon (AMZN) , are leading the indices higher. I continue to favor Facebook (FB) in that group, although the chart is a bit bumpy now. GOOGL and FB are part of the Action Alerts PLUS portfolio and AMZN is part of the Growth Seeker portfolio.

While I don't view the index charts as that bullish, I do like some of the individual stocks I'm seeing. I'm looking to add to Weibo (WB) and TPI Composites (TPIC) . I'm also considering building a position in Yirendai (YRD) again. YRD was a big winner for Shark Investing in July and August -- and now after a substantial correction, it is turning up again on good volume. There were some political issues with peer-to-peer lending that caused the sharp drop, but the price action suggests that issue is being resolved.

At the time of publication, Rev Shark was long WB, TPIC and YRD, although positions may change at any time.