Light volume prevails on Wall Street during Rosh Hashanah
While Rosh Hashanah ends tomorrow, you can expect the volume today and tomorrow to be rather light. I’ve closed out my sole short position and added a long position to the portfolio and plan on staying put from here on, until the rest of the day. No need to add anything else. I was looking for an Industrial play to add, and I found it in Cummins (CMI).
There are a lot of long setups out there today worth watching. Everything from the bounce trying to unfold in Shopify (SHOP) to the double bottom in Square (SQ), followed by what looks like an inverse head and shoulders pattern in Best Buy (BBY). Keep these names plus many others on the list below on your radar.
Take a look at the bullish watch-list below: