Lazy Trades Long & Short Trade Setups
We are finally seeing some spunk out of this market that has lacked it for the better part of two-plus weeks. That’s saying something as we’ve bounced over 15 points off of the day’s lows this afternoon.
Essentially we have seen the buyers finally show back up and find a price that they could support.
We have employment numbers tomorrow, which I’m hesitant to take a position ahead of with the selling we’ve seen of late, so I am going to hold off adding any new additional positions to the portfolio and go into it with my current six that I have have.
Here’s today’s Lazy Swing Trades.
Long: Arkansas Best Corp (ABFS)
Short: Atlas Air Worldwide Holdings
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