Another large gap and go, which makes it difficult to trade my style, because stocks are too extended to take a position. The market showed some afternoon strength, but it never helped the VNTV long-side trade that triggered in the first hour. There was a possible late long-side entry in CMA, which would have closed out for a small profit, but the trade triggered just after 2:00 p.m. Eastern and I typically don't take new positions with under two hours left in the session.

VNTV LONG 26.95 26.83 $(0.12) Exit end of day.
AOL SHORT 34.33 34.33 $-
GPN SHORT 45.36 45.48 $(0.12)

Total of ($0.24) per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be -$240 gross earnings for the day. $11.85 per share for the month. 1000 share per trade would be $11,850 gross earning for the month.

Wide-range bar setups for the next trading day. The day trade setup is only good for the upcoming trading session.

Entries, targets, and stops are based on the day's likely inflection points, and natural support and resistance. Avoid trade until bid/ask spread narrows.

Partial or unedited list of setups. Complete or edited list goes out by email. Subscribe to the distribution list here.

Bullish Long-Side Setups

BLMN Bloomin' Brands Inc
BLOX Infoblox Inc
CBOE CBOE Holdings Inc
GWRE Guidewire Software Inc
ILMN Illumina Inc

Bearish Short-Side Setups

ANF Abercrombie & Fitch Co'A'
CE Celanese Corporation
COF Capital One Financial
FFIV F5 Networks
IR Ingersoll-Rand Plc
IVZ Invesco Ltd
LTD L Brands Inc
NSC Norfolk Southern
NXPI NXP Semiconductors N.V.
TDC Teradata Corp
TKR Timken Co
VMC Vulcan Materials
YHOO Yahoo Inc

Dave Mecklenburg is Publisher of TigerSharkTrading.com.