BIG PICTURE:
Market indexes are all still in healthy up trends with the $QQQ's back in the leading currently trading at all-time highs. So I am therefore still long biased.
MY BEST IDEA:
$SE
One of the current momentum leaders gapping up to new all-time highs on the back of positive earnings news this morning. It has a fairly low float at 58.96M; a very high short float % of 45.56% and really good ATR of $7.78. So this stock has the potential to make a massive move today. Furthermore, with an average daily volume of 5.37M its very liquid and should be easy to get in and out of. I can't recall trading stock before so it could be spready; this might be the only thing that keeps me out of this stock today if it offers me one of my set-ups.
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