The E-Mini S&P 400 has rallied nearly 50 points since the impressive reversal near 950 early last week, which has led to great “buy the dip” opportunities. Here’s how I see tomorrow’s market playing out, along with my trading plan..
Recent weakness across the market is beginning to open the door to great buying opportunities in the wide universe of stocks. Covidien Public ($COV) has pulled back alongside the market during the last week of trading, but remains within a strong bull trend – which makes this a perfect time to buy!
Mack-Cali Realty Corp. ($CLI) has enjoyed an 18% rally over the last two months, and has recently pulled back from highs. Since every pull-back during this time has offered a nice opportunity to buy at a discount, we could see another round of buying soon…
