A Not so Green Day

Today is a green day that doesn't feel very green to me. It is one of those days where what you watch influences how you feel about the day. Watching Netflix (NFLX), you'd think we should be getting killed. It has dropped enough for my previous big lumps to turn into nothing more than mosquito bites. I thought a reversal was possible based on the early action; unfortunately, after getting hit early I wasn't aggressive enough to truly capitalize on it. Still, I'll consider myself lucky that the damage has been all but wiped away.

I am going back to the lower-beta side of the fence with Bristol-Myers Squibb (BMY) and Norfolk Southern (NSC). BMY has been in an uptrend after forming a bottom in August. The current setup is a bullish flag just waiting to trigger. I don't think we'll see more than $51 or $52, though, even on good numbers....174 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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