I’m a bit mixed on this market. On one hand, I’m not finding a lot of short setups that aren’t already well over-extended, and too risky to be jumping in at this point, however, there’s enough resistance overhead on the S&P, where I’m skeptical of it rallying much and lifting some of these shorts off of their bottoms enough so that I can enter into a position. 

LONG: Canadian National Railway (CNI)

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LONG: Range Resources (RRC)

 

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SHORT: Leap Wireless Intl (LEAP)

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LONG: RailAmerica (RA)

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LONG: Google (GOOG)

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