Market Lab Report - Premarket Pulse 8/3/15
Despite the choppy sideways to downward action of major markets, we have had a number of pocket pivot and buyable gap up stocks hit our filters over the past few days. As always, keep an eye on your overall exposure to the markets since the correction that began two weeks ago may not yet have run its course. That said, some of the strongest names can buck market weakness. The clues can be seen in how the stock has traded over the past few weeks relative to the general markets.
As with all earnings seasons, make sure that if any stock you may still own is reporting earnings, your position size reflects the possibility of the stock gapping lower as can happen.
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