3 Trade Setups To Watch
The market has done an admirable job of recovering off of its morning lows. The S&P tested the Fibonacci 38.2% retracement level and held it so far. I've jumped into one additional long position this morning - Adobe Systems (ADBE) at $34.40 and a stop-loss at $33.78.
LONG: Adobe Systems (ADBE)
LONG: Discovery Communications (DISCK)
LONG: Brookfield Properties (BPO)