Sector to Short – Electrical Components

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Tomorrow is going to be tricky with the gap up on the Europe news. I opted to not do a video recap tonight as most charts are going to be skewed with the big move at the open. I prefer to wait and see if the move holds and then trade accordingly. As of now I think tomorrow is more of an opportunity to enter shorts as it is to get long given the Dow has had 4 straight up sessions, with one of them being a huge move.

Below I've identified the stocks in this sector that I think move in line with the main index and should be good shorting setups. If we close at the highs of the day tomorrow this trade may be tabled.

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