{+++}
Net on the day, it was a mixed session, with the Dow up slightly by just 3.32 to 9509.28, about 80 points off the high. The S&P 500 was down 0.56 to 1025.57, 10 points off its high, and the Nasdaq 100 was down 3 even at 1634.78, 14 points off its high.
Advance-declines were slightly positive by just 70 issues on New York and negative by 220 issues on Nasdaq. Up/down volume was 6 to 5 positive on New York on total volume of about 1 1/4 billion. Nasdaq traded just over 2 billion shares and had an 11 to 9 negative volume ratio.
This was s great trading day so I hopre you grabbed some trades, if you get a nice pop sel half so you can lock some in. Here is a potential short set up that looks decent.
For you BCRX holders it was a great day and the stock could measure to 14 and 16 if you have a little longer time frame, maybe a couple of weeks, I raised the stop so please make note of it.
I’ve put in some potential trade gains assuming you got out near the top, I never try to cap your capital gain potential so stay on your toes and grab gains when you can.
See you guys in the morning.
![AMG AMG](https://www.upsidetrader.com/wp-content/uploads/AMG-2-300x235.png)
WATCHLIST FOR AUGUST 25
LONGS THAT HAVEN’T TRIGGERED YET:
OREX-OVER 8.90 THEN 9.47
EXEL- 6 or 6.10 STOP 5.70
AIG 35 STOP 34.25
QCOM 47.60
LONGS (THAT HAVE TRIGGERED):
STEC 36.56 STOP 35.80 ( could have had +1.75 if u traded it)
BCRX 10.40 STOP 11 ( put out a late tweet to maybe sell half for +2pts)
AMP-29.92 29.25
COG 38 STOP 37.40
CTSH- 35 STOP 34
FCX 66.20 stop 65 ( +1.20 if u traded it)
RIG 78 stop 77.25 (+1.30 if u traded it)
CROX-6.87 STOP 6.60 (+.50 if u traded it)
ADCT-9.10 STOP 9
QSFT- 16.25 stop 16
ACAD- 5.25 stop 5.20, (nice breakout today)
SHORTS THAT TRIGGERED:
AMGN- 59.70 STOP 61.50
AMG 61.60