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The Daily Long & Short Setup

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July 08, 2010 – Comments (0) | RELATED TICKERS: ABR , AMP

Today's Trade setups are here - One Long and One Short. Since I posted the trading plan this morning, the market reacted favorably to the jobs report, and could be looking to extend the rally from yesterday a bit further. Fine by me - greater the rally, greater the sell-off.

Don't be surprised if this is a bull-trap this morning and we end up filling the gap rather quickly.

LONG: Arbor Realty Trust (ABR)

SHORT: Ameriprise Financial (AMP)

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