The markets closed higher with spike in oil prices supporting the move. However, it was a volatile day with frequent price reversals. eStockPicks algorithm had 8 stock picks for day trading: 7 longs, 1 short
- 1 wins: CNX
- 5 evens: DYAX, RESI, TTPH, CIM, EZCH, SNR
- 1 loss: AMAT
Stock market closed at: DOW +122, SP +16, NASDAQ +43. It was another challenging day for trading with limited measured move.
Stock Pick: CNX Type: Long (buy) Price: $11.54
Stock Pick: SNR Type: Long (buy) Price: $11.44