A nice three-wave action of down, up, and then down again. That often equates to a few good entries on both the long and short side of our stock watch list. Not today. There was no profit to be found on short-side trades today. The Live Trading Room is open tomorrow.

ADT LONG 42.20 42.57 $0.37
CIT SHORT 48.13 48.27 $(0.14)
CTB SHORT 29.45 29.46 $(0.01) Exit end of day.
EW SHORT 69.51 69.78 $(0.27)
HCN SHORT 63.28 63.45 $(0.17)
RLGY SHORT 43.26 43.26 $-

Total of ($0.22) per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be -$220 gross earnings for the day. $4.43 per share for the month. 1000 share per trade would be $4,430 gross earnings 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

BEAV B/E Aerospace
CLDX Celldex Therapeutics Inc

Bearish Short-Side Setups

ABBV AbbVie Inc
ABC AmeriSourceBergen Corp

Dave Mecklenburg is Publisher of TigerSharkTrading.com.