|Day Low/High||4.06 / 4.23|
|52 Wk Low/High||3.85 / 15.50|
I like small oil stocks, and I'm watching recent high-flying Chinese names like iQIYI.
We'll see how things develop but today may simply be a healthy bout of profit taking after a good run.
I am looking to buy strong stocks on pullbacks in this sort of action.
Until that action dies it is difficult to be too bearish.
Traders are buying them just because the stocks are up, but that can quickly reverse.
Big cap names traded flat, but tech and momentum plays saw gains.
We await the Fed's interest rate decision at 2 pm.
The best way to deal with it is to keep on hunting for individual stocks.
Market responds to G-7 fracas with second and third level thinking, rather than knee-jerk sell off.
There isn't any big mystery about what is going on here.
These names are showing bullish or bearish reversals patterns over the last week.
You call that an online sale? Singles' Day in China dwarves Cyber Monday, with China's largest e-commerce company doing more than double in one day what all U.S. retailers sell over the entire Thanksgiving weekend. Here are the stocks to own to capitalize on Asia's e-commerce boom.