After Monday’s strong rally, Wall Street isn’t showing a huge desire to push the market higher as futures show the Dow currently down 26 points, 5 points on the Nasdaq and another 4 on the S&P. Today’s economic reports include ADP Employment Report at 8:15am EST, followed by the ISM Non-Manufacturing Index at 10am, but the most important report will be the FOMC Minutes that will be released at 2pm.
Here are Today’s Trading Ideas…
Potential Swing Trades (Long): RGR, MGM, NTT, TRA, CPN
Potential Swing Trades (Short): KO, FAF, FRPT, LPS, GOV
Stocks Ready to Bounce: TMO, ANN
Stocks Ready to Pullback: WFT
Breakout Stocks: TC, FIS, WLT, DOW, CHK, SNI
Breakdown Stocks: NFLX, WSO, ITT, EXP