The ideal candidates for daytrading on Monday include...DRYS, CMI, CSX, and an ETF, EWZ. These four candidates offer a directional bias that we look for, among other conditions.
Pay attention to the overall direction of the stock market, as a strong move in any direction by the major indexes WILL have an impact on individual stocks. In regard to the individual stocks, let them establish direction for the day.
Scott Cole
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