It was a bad day of trading, but the risk was contained. The downward trending market didn't setup any short-side trades that hit a target.

LNC LONG 43.33 43.08 $(0.25)
LNC LONG 42.82 42.75 $(0.07) Exit end of day.
NOW LONG 43.78 43.78 $-
URS LONG 50.26 50.04 $(0.22)
NNN SHORT 31.11 30.97 $0.14 Exit end of day.
OHI SHORT 27.86 27.86 $-
PM SHORT 85.51 85.51 $-

Total of ($0.40) per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be -$400 gross earnings for the day. $7.92 per share for the month. 1000 share per trade would be $7,920 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

ERJ Embraer SA
INVN InvenSense Inc

Bearish Short-Side Setups

AGNC American Capital Agency Corp
ANGI Angie's List Inc

Dave Mecklenburg is Publisher of TigerSharkTrading.com.