Indications this morning are for about a +32pt gap in the Dow, and with things so extended to the upside, it’s hard not to worry that traders might be looking for an early fade. That said, we rarely chase anything early, and will be watching for short-term trading opportunities as the morning develops. Who knows what the day will bring, but here are some names were eyeing across multiple timeframes.
As an aside, I’m using the more standard stockcharts.com charts in this post. Which do you prefer? Let me know in the comments, or tweet to @SharkInvesting.
Astex Pharmaceuticals (NASDAQ:ASTX)
Oracle Corp (NASDAQ:ORCL)
Pros Holdings (NYSE:PRO)
RPX Corp (NASDAQ:RPXC)
Splunk Inc (NASDAQ:SPLK)
Tractor Supply Co. (NASDAQ:TSCO)