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Day Trade Watch List for Monday, July 20, 2015

I'm pretty bearish for Monday and will be watching three general things going into the day...

1) Oil & Oil Services Stocks - Crude is in another breakdown pattern and there is very little in the way of technical support to stop its current slide.  Also, Halliburton (HAL) reports earnings before the bell... this could be a nice catalyst for a breakdown in a lot of oil related names if the news is not good.

2) China - Obviously, there's been a lot of volatility in Chinese stocks before they regrouped a bit last week... however, the FXI is still in a nasty technical bear pattern so I'm looking for a possible breakdown going into the day... check the overnight markets before the bell.

3) The S&P - The teflon market bounced back strong last week after a hint of volatility shook things up the two weeks prior.  The SPY is pushing back up against its highs and will try to break out this week... however, with little technical support to push it higher I think it could be tough... but if any market can do it, it's this one.


TREND picks - long term trends with relatively low variance to moving averages

Longs:
GS
FEYE
GPRO
SUNE
UA
TMUS
BMY


Shorts:

BIDU
WYNN
UNP
TLT
TWTR
STX
ACE
AKAM
VIPS


BREAKOUT picks - momentum names

Longs:
EXPE
TSLA
SGEN
VLO
ILMN
HFC
NFLX
CELG
HCA
DG
MNST
CME
VRTX

Shorts:
HAL - watch for pre-market earnings
CTRP
RAX
GMCR
SSYS
TTM
SNDK
KSS
FSLR
XOM
KORS
NUS
CREE
IOC


REVERSION picks - names exhibiting large variances from moving averages and typically losing the momentum that got them to elevated levels

Shorts:
FAS
PANW
XON
PM
LMT
IBB
BDX
ALK

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