The Shake Down

TE SHAKEDOWN

11/12/17

Much of the same in the market this week as great earnings kept pushing us higher. You have to continue to be stock selective and ride the wave of strength in the market. It will be interesting to see if the tax bill gets passed this week. If we do pass it, which is the more likely outcome, it should be bullish for the market. Always have to factor in the possibility of it not getting passed though.

Much of the same in the market this week as great earnings kept pushing us higher. You have to continue to be stock selective and ride the wave of strength in the market. It will be interesting to see if the tax bill gets passed this week. If we do pass it, which is the more likely outcome, it should be bullish for the market. Always have to factor in the possibility of it not getting passed though.

Trade of the Week: WST Long

We've been watching WST create support at previous resistance since it released earnings a couple weeks back. With a week of tight consolidation, the setup is only more attractive. Look for volume through $102 in this one.

Trigger: $102

Stop: $99.99

Target: $110+