The market seems prime to bounce, which is a good reason why you don't see me rushing this morning to sell my long position in QQQQ to regain my short bias. However, things can always change on the spur of the moment, so I must remain on my toes.
I've got for you the daily long & short setup below. If you want to play the inevitable bounce, Visa (V) isn't a bad way to go, and tends to be crowd favorite when we get those strong bounces.
LONG: Visa (V)
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in