The Daily Long and Short Setup
Market was another disappointment for the bears today, as the bulls managed to rally off of its lows, and it wasn't until the end that we finally saw some selling creep back in. We finish the day with a spinning top, unable to breakout in either direction. The all important 1173 level was test again and held.
LONG: Gildan Activewear (GIL) at $30.06
SHORT: Sonic Solutions (SNIC) at $9.93