We saw a great trending market for most of the day, but we had a small watch list after Tuesday's trade and couldn't get any of our setups to go. Murphy Oil (MUR) traveled far enough away from the entry to move the stop to breakeven. After the breakeven stop on the first entry, a second entry set up with a tighter stop, but that hit the stop, too.

I'll discuss these trades and why there were no other trades at tonight's webinar.

MUR LONG 64.40 64.40 $-
MUR LONG 64.35 64.21 $(0.14)
FLO SHORT 31.86 31.83 $0.03 Exit end of day.

Total of ($0.11) per share. Multiply average share size to estimate gross earnings. 1000 shares per trade would be -$110 gross earnings for the day.

Wide-range bar setups for the next trading day. The day trade setup is only good for the upcoming trading session. Additional setups may be available in the live trading room. Email support for a free password.

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.

Bullish Long-Side Setups

ADP Automatic Data Proc
AKAM Akamai Technologies
DECK Deckers Outdoor
DHR Danaher Corp
GILD Gilead Sciences
GNC GNC Holdings Inc
IACI IAC/InterActive Corp
ILMN Illumina Inc
KLAC KLA-Tencor Corp
LAZ Lazard Ltd
LXK Lexmark Intl'A'
MSI Motorola, Inc.
R Ryder System
SNDK SanDisk Corp
TMK Torchmark Corp

Bearish Short-Side Setups

BRLI Bio-Reference Labs
CLGX CoreLogic Inc

Dave Mecklenburg is Publisher of TigerSharkTrading.com.