Sunday, May 21, 2017

Best ideas for Monday May 22nd, 2017

Markets have put in a decent 2 day bounce. 

While I believe we can eventually go higher many individual stocks are now over extended. 

Although its likely that the overall markets will churn a few days; many of the more volatile smaller cap stocks that I like to trade will pull back or consolidate before having 2nd legs higher. 

So my bias for Monday is to the short side. 

With that being said; here are my best ideas for tomorrow:

$BITA, $CCCR, $SHLD and $VRX long.

$CLVS, $GLYC, $SORL short.

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