|Day Low/High||3.57 / 3.85|
|52 Wk Low/High||3.09 / 15.85|
If you are taking some gains don't expect much downside before remounts develop.
My main strategy in this sort of action is to start thinking about stocks that are likely to have a good second quarter.
Sentiment is very positive, regardless of what the indices may say.
The best way to deal with it is to keep on hunting for individual stocks.
The challenge of this market is that the upward moves have not been well sustained.
Best opportunities have presented themselves in momentum names that are taking sharp hits.
The 'weighing machine' will matter again but right now it's a popularity contest.
It wasn't just the FAANG names that came to life Tuesday in the stock market.
The big change in the stock market Tuesday is leadership, but a strong close is still needed.
Doing a little digging finds some very interesting names showing signs of continued vigor.
4 stocks on my shopping list for when conditions improve.
We have this drifting action and uncorrelated action between stocks and the indices.
This market needs a rest and the action in individual stocks looks weaker.
With few catalysts for the markets, Tuesday's special election for a Pennsylvania congressional seat could set the tone this week.
I'll be watching for entry points to develop this afternoon.
The best way to deal with the struggling market is selective stock picking and good defense.
It is very easy to force trades in this sort of environment.
You have to be willing to chase if you want to establish new positions.
TheStreet hits the street on a cold day at formerly hot stock Chipotle. Brian Sozzi and Debra Borchardt see if the stock can regain its sizzle.