Friday Morning Charts, Scans, and Reads
It was a whipsaw on Thursday, with the S&P trading higher
Morning Option Data/Scan
Stocks Poised for a Sharp Move
The last couple of days have seen wild swings in the market; with yesterday rallying on the heels of oil news, only to reverse all of the gains. Today’s laggards were the financials and a few tech names. The see-saw action, while volatile, I think is an indication that the market is going to remain relatively range bound with a slight bias to the downside.