China devalued their currency – the world markets roiled. US market gave up all the gains from Monday. All 3 indexes were down  1%+. eStockPicks algorithm generated 5 alerts.

  • 2 Wins: GM, XPO
  • 3 Break Even: SYY, BHP, GPS

This type of market – open lower and then drift sideways – provides limited trading opportunities. Trade carefully and trade small.

Below are some charts with entry signal highlighted at the time of the stock pick:

Stock Pick: GM Type: Short Price: $31.09

gm stock pick 81115


Stock Pick: XPO Type: Short Price: $38.14

xpo stock pick 81115


Break Even Trade:

Stock Pick: SYY Type: Long Price: $37.96

syy stock pick 81115