The stock market has not been responding well to positive news, which suggests the tone of the market may be changing. Investors were spooked by the nearly 7% plunge in the Chinese Shanghai index. If the Chinese market continues to fall it will continue to influence investor confidence. Plus, we have the ISM data out tomorrow.
I am not suggesting new plays at this time. Let's see how the market shapes up tomorrow. We already have several candidates with triggers to buy the dip.