Financial stocks are pulling back and I'm capitalizing on it. I see a head and shoulders pattern forming here and see a lot of potential downside. I'm currently short this stock.
Crocs makes ugly shoes and the stock looks uglier than its products. The price is testing a gap that it wants to fill. Looking to be short this stock upon any breakdown of current support.
The one area I would consider buying is financials. The $XLF is at resistance but on the weekly chart there is a bullish cup and handle forming. Any pull back in financials is a buy in my opinion. $BAC and $C are strong buys right now.