Market getting giddy in some areas. The best was DNDN, with a massive gap which was such and obvious open short being the history this company has with disappointing people. Outside of that, the finnys are way up there and due for some backing off. Strong groups, drybulkers, GNK,EGLE,DRYS and a bounce with the educational stocks. Retailers are getting hit with weak retail numbers.
As far as a trade goes just scalping and watching. Did some bounce on DNDN near the sell off open and played the bounce and short NFLX on the open for a point but no clear trade right in here. Probably the FAZ to swing trade it for a day or so but with C still being so strong and this talk of being the next Volkswagen short nightmare it is some what muted.
Also with DNDN. Jim Cramer said "sell", "sell" "sell". Last week! Really amazing. I hope that person wasn't the same one he told to hold Bear before they collapsed.
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