Futures are rallying off of a Jobless Claims report that far exceeded analyst expectations, coming in at 435k versus expectations of 450k. Below are the long and short setups. Yesterday, I bought FLIR at the market close which is today’s long setup. 

LONG: FLIR Systems (FLIR)

 

SHORT: Strayer Education (STRA)

 

You Might Like

  • Fading the Gap: How Large Overnight Moves in SPY and QQQ Play Out During the Trading Day

  • How to Trade a Bear Flag

  • Technical Analysis vs Market Conditions: How to Know What’s Affecting Your Trades