Market getting hit again today even with good jobs report. This comes back to the good news in economy means the potential for bigger rate hikes due to potential inflationary pressures.

Our downside idea: GT is testing lows from beginning of September…depending on your profit you can roll or take some off the table.  You should have a decent profit because premiums are low!

Bearish Mentions:

RTH getting routed again..consider rolling/taking profits.

OKTA filled the gap target , next low would be the 50 day SMA: $62.28.  Consider taking some profits off the table.

Bullish mention TSRO just continues to grind higher, so keep an eye on that one!

Watch for potential reversals to get this market back to a level that doesn’t look so bad!

Stay tuned!

Wayne