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The Chart of the Day...

ilmn short


Gift-wrapped trades shouldn't be second-guessed. 

Trades Made Today:

1. The short above of course.

2. Sold GWW at $215.49 from $210.00 for a 2.6% gain due to earnings coming out in the morning. 

Quick Glance at the Market Heat Map and Industries

heat-map of the S&P 500

Notables:

  • About time Tech made a move higher. Apple was even on board for the move. 
  • Health care was solid all around. 
  • Outside of WFC, Financials had some solid winners. 

SharePlanner Compass:

Stock-Market-Compass-Almost-Downtrend

Strong rally today - I wouldn't be surprised if it was a multi-day bounce. 

And of course...the RIDICULOUS!

You may have seen this guy jump from the heavens, but it's still worth watching and honoring this guy's courage for doing what no man have ever done before. 

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ryan1Ryan (@shareplanner) specializes in swing trading strategies and is the founder of SharePlanner which he created to help and teach others on how to trade stocks better using multiple approaches and time frames. Each day you can count on Ryan to provide his trading advice as well as transparency in every trade that he makes. Ryan Mallory resides in Central Florida with a wife of seven years as well as one lively son. More >>

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