The market is not giving us any clear sign of future market direction. While I believe the market could push though the current resistance, the impending uptrend resistance on the Nasdaq could complicate the outlook. The continued decline in the Russell 2000 is troubling and adding additional small cap stocks could be tempting fate.
I scanned my list of several hundred potential plays and there was nothing that just jump out and screamed "buy me" so I am not recommending anything new today. We have some decent positions both short and long so there is no need to tempt fate by adding a new one in a market with no direction.
NEW BULLISH Plays
No New Bullish Plays
NEW BEARISH Plays
No New Bearish Plays