We referenced a “dull market” yesterday with the old adage being “never short one.”  It may prove right again as the Gang has the futures rocking to the upside.  The news that’s driving things this morning is more of a whiff.  A whiff from the FED that Quantitative Tightening may be ending sooner than expected, or at least slowing, combined with a report that Chinese negotiators are about to get serious in DC with respect to trade talks.

Technically speaking, they managed to hold the SPYs above support and thus we’ve had 3 days of rest after running.  We’d expect them to challenge recent high near $267.00 and then $270.00ish would be next.  Hopefully, this rally won’t fade and selloff like all others have this week!  We can’ completely rule that out yet!

We re-scanned and many names have now flipped and could become bullish.

Recent bullish names SQ and PYPL are on that list as is ROKU, MU, NVDA, all of which seem to have some potential.

Other recent bulls are back again too.

In fact, there are so many names we decided to share the tech/semi-heavy list in its entirety:

AMD, MU, INTC, FXI, XLNX, AMAT, NVDA, AAL, WDC, ROKU, LRCX, TXN, SMH, TER, LUV, PYPL, DHI, DAL, NXPI, FOXA, CVX, UNP, ATVI, WY, SYMC, TXT, GLW, MCHP, STX, SO, ADI, HPQ, CHL, URI, AVGO, CTSH, PANW, GRUB, TOL, FSLR, KLAC, DISH, CIEN.

These names have NOT been qualified and many have already taken big leaps.  We will not be able to dive into them all so we elected to pass them along and hopefully the list can be a starting point for those in search of stocks primed for bullishness (potentially).

Happy hunting and more when warranted!

Wayne