Another ho-hum day. I took the opportunity to move into cash on the gap up this morning. Breadth has been on a slow drip detoriation over the past week. It feels like we're on the verge of a big move either up or down. With the election and fed meeting over the next few days, cash seemed like the safest place to be.
With that said, if the market does rally big, I will jump back in. Below are some of the best setups from the Emerging 50 list from Bluefin. These stocks are in the strongest sectors with a high momentum ranking. To view the full watch list; login into Bluefin and select Emerging 50 from the View Watch List menu.