The entire market move occurred prior to 10am eastern and since then, the market has sold off from the hghs without so much as even a bounce.
Just a slow trickle lower.
By no means do I think we are seeing a sell signal here, instead, I am polishing up the bullish watchlist that I have in hopes of being able to add 1-2 more positions today.
Amazon (AMZN) is very tempting for me as it has been in a steady downtrend since hitting its highs in January. With it breaking that downtrend, it very much looks like that down trend is coming to an end. Eastman Chemical (EMN) has pulled back to a short-term trend-line and looks like it may be geared up and ready to push higher yet again. Keep a close eye on FleetCor Technologies (FLT) is consolidating at the highs and at current pricing is prime for the push higher.
But the gems don’t just lie with these three stocks, check out the rest of the bullish watch-list I am keeping…

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