A Few Bright Spots
The action is jerky this morning after a better-than-expected ISM services number turned the market up after a quick dip, but I'm not confident in the ability of this market to run. Already we are seeing selling kick back again and the mighty Apple (AAPL) is losing steam.
On the other hand, there is very interesting speculative trading intraday. I'm playing Sarepta (SRPT) intraday, which had a picture perfect opening-range breakout. Typically, traders will watch a stock for the first hour or so of trading and then look to enter when it takes out the highs. That worked like a charm with SRPT, which flew once it took out the opening price around $32....137 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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