The market is in a see-saw tug-of-war today. Because of the recent distribution days, many institutions are reluctent to place any bet on the market today. Unless the negative sentiment changes, I would not place any big bets on any stock, maybe a small bet on a selected few only. Like I mentioned before, I would get out of margin right now.
Today's stocks to be watched:
Positive Momentum:
CSTR - (good earning & Walmart agreement, I placed a few calls this morning, it may still have a few points to the upside)
CTHR - 400% more up volume than average
AVID - 600% more up volume than average
SCSC - 400% more up volume than average
Negative Momentum:
IVGN - 600% more down volume than average
DECK - 1200% more down volume than average
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