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The Daily Long & Short Setup



July 06, 2010 – Comments (0) | RELATED TICKERS: QCOR.DL , XLP

As promised, here are today's trade setups. As you can see the market is in a bit of a rally mode, and could persist for a few days, if not longer. I'm nicely hedged right now against this rally, as I wait for the right opportunity to begin loading up with new short positions - however, right now is not that time. Below are two trade setups to please the bull/bear within you.

LONG: Questcor Pharmaceuticals (QCOR)

SHORT: Consumer Staples SPDR (XLP)

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