I can go either way, from here – the market put together a nice bounce after trending for much of the day lower. That isn’t all that surprising. We’re probably due for some upside, since the whole market is sitting at major extremes. Just when that happens is the hard part to predict. I’m not going to hold anything overnight, instead, I’m going to keep the list below handy and add some of them tomorrow, if the opportunity presents itself.
LONG: PPL Corp (PPL) – Prime candidate for a breakout of a downtrend.