Just another buy-the-dip kind of day in the stock market.
Typical Monday with price action sitting just a smidgen above break-even.
Last week’s sell-off is quickly becoming a distant memory, and after the first down week in more than 2 months for the S&P 500, the bulls are looking to put an immediate stop to any further continuation this week.
So let’s get down to my bullish watch-list for the week, and see what’s worth keeping an eye on as the week moves forward. You already have a nice breakout in 58.com (WUBA) but keep an eye on the bounce play in Netflix (NFLX) and the continuation triangle in Mastercard (MA) – just to name a few…
Here’s the watch-list:
