The markets roared back from their intraday lows but sentiment soured. Everybody loves to see giant V bottom rebounds but they get a lot more excited when they close in positive territory. Today's rebound recovered 75% of the intraday losses but there were still losses. It did give us a chance to see which stocks have the best relative strength because they did close positive. I would love to see the rebound continue on Wednesday but it could be only wishful thinking. Normally when a big dip is erased the rebound continues the next day but time will tell if that will happen this week.
New positions are only added on Wednesday and Saturday except in special circumstances.
NEW BULLISH Plays
No New Bullish Plays
NEW BEARISH Plays
No New Bearish Plays