Dr. Julie Peterson-Manz reviews the Around The Horn stock action for February 16, and presents trade ideas that still have the possibility of triggering for February 17.
Deron Wagner did not grab any new long positions over the past few days. Instead, he feels it's a better reward-risk ratio to wait for weak ETFs to rally into key resistance levels, then initiate new short positions.
The chart pattern for TAN, a sector fund which tracks solar energy stocks, looks constructive on the long side with evidence that the recent sell-off is attracting buyers.
Congress is supposed to confront the problems of the nation and solve them. But with more people getting something from the government than supporting it, Congress is not likely to change course.
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