More Market Weakness?
If we do not close near the days high or form a pivot point, there will be more downside to come, possibly all the way down to the 200 day MA. Still, there are plenty of stocks showing resilience which indicates that this downside action may not last. At this point it is too early to tell. In the meantime, here are several more short sale candidates to play around with.
New Shorts: BMTI, BVN, EPU, EXEL, GPRO, PRGS, SCCO
There seems to be some negative action in stocks connected with Peru and copper mining (due to the elections).
New Buys: ANTH, SQNS (may be at a good b.p.)
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