There's plenty of charts to look at this morning as we're starting to see more of a divergence among stock indexes. The Russell is the weakest of the bunch and the transports continue to caution that something bigger may be underway. There's ways to take advantage of that via stocks like FedEx and Transocean, and I wouldn't mind setting up a few of them as pairs trades. There's a few stocks out there that could care less what the market's doing and I still like them to the long side, but I'd like to have a few put plays as well. All that along with the latest on our current positions and expectations into the end of the week.
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