Time for Caution After Jobs Number Extends Market Gains -- MrSwing

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Time for Caution After Jobs Number Extends Market Gains
Sep 03, 2010

Scott Redler

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The downtrend break has given us very nice upside action which has now been boosted by the better than expected jobs number. Today is not the day to get excited long, we are now 60 handles higher then this week’s low.

Three great trades for us this week that you can learn from are CMG, CRM and AKAM. When the market broke 1065 we identified strong compelling names that had held up well recently.