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Intraday Watch List for Monday, July 27th...

As my legions of loyal fans, you all know that I've been calling for a market correction since I first started this blog... a week ago.  Downward momentum seems to gaining steam at this point and the factor model bears that out too.

First, a quick recap of last week's performance.  I made 209 intraday picks last week.

  • 51 of those picks moved more than one half of their ATR in the predicted direction (day-over-day)
  • 46 moved more than one half of their ATR in the opposite direction
  • 112 closed day over day within one half ATR in either direction... I consider this a push
  • 4 picks moved more than 2 ATRs in the predicted direction while 7 moved more than 2 ATRs in the opposite direction
  • Winning percentage (not including pushes) was: 52.5%

Here are the picks for tomorrow, Monday the 27th:

LONGS:

Breakouts
EQIX
ATVI

Trends
TSO
VLO
NKE
COST
SGEN
INCY
IBB
ILMN
MET
JPM
REGN
MS
DG
NOC
NFLX

Reversions
CAT


SHORTS:

Breakouts:
DD
INTC
APD
COH
INVN
CVX
MOS
BITA
SPWR
ACM
NUS
TXN
NVDA
GLW
ASML
XOM
ADM
SODA
YELP
ECL
HES
GMCR
WDC
CBS
TMUS
HLF
GPN
WMB
KSS
UNP
DST

Trends:
WFM
FSLR
FOSL
APOL
KORS
WYNN
CREE
STX
GLW
SSYS
LOW
NAV
IYR
DDD
NTAP
NOV
AKAM
FXI

Reversions:
XON
MNST


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