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The Daily Long and Short Setup

Recs

3

November 01, 2010 – Comments (0) | RELATED TICKERS: JBLU , HGG

Despite some strong market action overnight, the market, like last week, is trying to figure out a way to give back the gains is has accrued in the pre-market. We'll see whether we end this day in another doji pattern - we've done so for the past five sessions straight. However, if we can at least maintain the current gains it has in the pre-market, the market should gap above some recent resistance and possibly rally from there. 

LONG: JetBlue Airways (JBLU)

SHORT: HHGregg (HGG)

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