We've got some lower conviction trades today (yesterday I didn't post because of low conviction). It's worth beginning to position for a short on $TAN (solar ETF) based on its overbought situation. That said, it was oversold last month, and so could still climb up to around $8.40, which is a better place to go short.
Shorting $AMD on the underreaction to CEO shake-up. That's big news, and creates fundamental uncertainty. Coming off the spike related to CES, it still has a ways to slide (1-2%) over the week.
Buying $GSS on oversold situation, but again, low conviction. Also buying $IEZ oil services due to a reversion to trend from an oversold state (more particularly, very negative sentiment).
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