Retail loses ground, chips hit a two-week high, and a China ETF tests a swing high.
A sale of out-of-the-money premium could compensate for the lack of catalysts.
Still, we believe the setup is favorable going into the fourth quarter and beyond.
And we'll get back into a diversified industrial name.
It's range bound in the near term, but watch for earnings in September.
A test at the highs and a fresh recovery leg seem to be the path of least resistance.
The stock could be setting up for a fairly important test.
We're taking advantage of a great opportunity.
Higher lows between now and Labor Day should confirm the end of the correction.
The earnings results from this quality growth story continue to impress us.