Get ahead for Tuesday October 12, 2021

trading watchlist Oct 11, 2021

The indices and most names reversed lower late in the session and closed at the lows. Not a great performance by the bulls, however the gap from last Wednesday was filled in the QQQ and SPY so at least that is out of the way. Energy names also reversed off their highs and look like they may be ready to cool off for a while and perhaps offer us an entry after some backing and filling. It remains a stock picker's market and right now a slippery one which in my opinion should be handled with a tight leash. Our watchlist today worked out very well especially the AFRM pull to the $134 level for a long which resulted in a 10 point move. Here is the watchlist and game plan for tomorrow.

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