Home Stocks Late Day Sell-Offs Once Again

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The markets looked as if it would rally strong early on. Then the recurring pattern of late day sell offs happened once again. The DJI and SPX were able to finish in positive territory but the COMP finished in the red. Tech names were hit especially hard and weighed heavily on the Nasdaq. Continue to look for the markets to rally but expect the sellers to keep putting up this fight. It’s turning into an intraday battle and the SPX looks to be coiling for a big move. I am also seeing more strength in sellers than buyers lately. So it would take an overwhelming amount of buying to really crush the sellers spirit to get back on track. Without that scenario happening anytime soon, expect the bears to keep trying to fade the rally. Long Signal: DECK EW  Short Signal: Stocks to Watch: TWTR CTXS NTAP JBL HLF WFC  JPM MS NFLX WDC DIS SBUX STZ NKE LULU CREE VZ T HOG MON YUM LOW HD LEN TOL FEYE PANW FFIV


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