On Thursday, we will keep a close eye on Affiliated Computer Services (ACS) which took a Fast Ball nose dive on Wednesday. The stock continues to look vulnerable on the short side, and further weakness in the indices will have us looking for an entry opportunity on any pullback that offers a reasonable stop.
Affiliated Computer Services (ACS)
Aflac (AFL) is also a short setup in the troubled insurance/financial sector. We will look for a move below the Wednesday low as indication of a potential retest of support and possible short side entry.
Aflac (AFL)
USG Corp (USG) is breaking to new Fast Ball lows, and any continuation will have Julie and myself looking for a measured move lower with a potential entry only after morning range support can be identified.
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