Futures are pointing up this morning, though modestly, with the DOW up 38 points, NASDAQ up 7 points, and the S&P up 5 points. No significant news overnight. Market continues to trade range bound, so current direction in the markets still is unresolved. I received a pretty good response from folks yesterday on my watch-lists, so I am going to continue to publish them until otherwise.
Long Setups: ASF, ANEN, BMS, CADX, CINF, CL, DNEX, PEG, MASI, MNTA
Short Setups: NAT, SVA
Remember, these are the charts that stuck out the most to me while doing my nightly scan of the charts. You will still want to do you own due diligence before making any decisions on the stocks listed above – I’m simply showing you a number of stocks that have intriguing setups to trade on.