3 Breakout Trade Setups
The market has recovered off of its lows, and now finds itself trading in a fairly tight trading range. With today being Options Expiration Day, I won't be surprised by any outcome. However, if I were to guess, I would say that we'll see the traditional wave of buying in the final hour again, if the S&P can maintain at least its current price level.
LONG: S&T Bancorp (STBA)
LONG: Shanda Interactive Games (SNDA)
LONG: Knight Capital Group (KCG)