Markets remain indecisive with the apparent rate hike coming in the next few weeks/months. Again today the price action was erratic with frequent reversals. Alert system generated 6 stock picks today for day daytrading: 3 longs, 3 shorts

  • 2 Wins: PYPL, ADXS
  • 3 Break Evens: MRO, TE, KR
  • 1 Loss: DHI

Markets closed at: DOW +77, SP +10, Nasdaq +40

Here’s S&P chart displaying the choppy and frequent price reversals:

spx

 

Stock Pick: PYPL Type: Short Price: $33.48

pypl

 

Stock Pick: ADXS Type: Long Price: $15.78

adxs