Play Editor's Note:
Unfortunately nothing has really changed from Wednesday's close. Yes, the market did drift lower but stocks remain short-term overbought. With the S&P 500 up almost 20% in less than two weeks and struggling to break resistance near 800 I don't want to launch a bunch of new bullish positions. If anything I would be tempted to speculate on a sharp pull back. Nimble traders could try very short-term bearish positions with a tight stop above this week's high.
We will be adding new play candidates this weekend.