The Daily Long and Short Setup
Futures continue to deteriorate, with the market staring at a 1% loss to begin the day. CSCO earnings and what might come out of the G-20 meeting continues to push the market lower. We're poised to test the 10-day moving average on the S&P which has continuously acted as support for this trending market. Today it will be interesting to see if it can hold.
LONG: Hertz Global Holdings (HTZ)
SHORT: Titanium Metals (TIE)