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The Daily Long and Short Setup

Recs

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January 31, 2011 – Comments (0) | RELATED TICKERS: GENZ.DL , CM

The market left a lot of questions on the minds of traders heading into the new month. Was today a dead-cat bounce? Was Friday's sell-off a mere overreaction? Will we see another beginning of the month market rally like we saw on 8/1, 9/1, 12/1 and 1/1? Does the best January in 14 years, mean the rest of the year will follow suit? 

LONG: Genzyme General (GENZ) 

 

SHORT: Canadian Imperial Bank (CM)

 

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