|Day Low/High||22.89 / 23.43|
|52 Wk Low/High||16.26 / 31.88|
Scott Redler of T3Live reviews the day's market action and sets up your trading plan for the next session.
The macro trends still run in their favor, but other metrics tell me these names are in for a disaster.
This is a stock pickers market and a good time to detect relative strength and weakness plays.
There is still opportunity in a company that has the luxury of pricing power across multiple brands.
Consumers may tighten their belts, but they'll still buy Hershey and McCormick, and you should too.
The market's herd-like behavior is driving down growth stocks that have nothing to do with each other.
A slew of blue-chips and other closely watched names are scheduled to report today.
Use these retracement levels on the S&P to take advantage of a dip-buying opportunity.
The market is hard to buy right now, and it's a good time to take some profits.
We must hold at least the top third of yesterday's range to keep the upside momentum intact.
Investors who focus solely on the negatives risk missing out on stocks that may be set up for rallies.
Isn't that what the supply managers' report is saying this morning with its punk reading?