The Daily Long and Short Setup
Jobs and GDP numbers came out positive this morning and the market has reversed its bearish open to where it is now positioned to begin the day with a bullish outlook. I've provided my long and short setup below as I always do, but, unless your a total risk-taker, I'd be careful about loading up on KLIC (below) until this market digests these latest economic numbers. We also have Chicago PMI at 9:45 so be on the look out there as well.
LONG: Amylin Pharmaceuticals (AMLN)
SHORT: Kulicke and Soffa Industries (KLIC)