A handful of stocks that have shown exceptional strength the past few days (i.e., reacting to the horrific news) and which I am monitoring for potential long strategies. Nonetheless, the "Big Picture" scenario remains overall bearish with third wave declines setting up across multiple stock index etf's. In summary, the market should implode down over the next few weeks or months, but if instead something else is going on, some stocks are already showing bullish leadership. LONGS BA - Buy Signal Pending GLD - Buy Signal Pending TSLA - Intermediate Buy Signal Confirmed SHORTS A breakdown now after a few days of counter-trend rally would be extremely bearish for IWM, QQQ & SPY and a trigger to add Nov/Dec puts. Day-to-day, but be ready to act should Wave iii lows get taken out. QQQ DJI SPY Bonds & Interest Rates TLT Protect profits with 50% trailing stop - CPI numbers due out Thursday.
