The Daily Long and Short Setup
The markets are open and selling has ensued, as the bears look to avoid a push through of the 1200 mark (S&P), and to start filling the gap created yesterday in the charts. For both of the stocks listed below, I have a position, as of this morning in each of them.
LONG: BioMarin Pharmaceutical (BMRN)
SHORT: Equity Residential (EQR)