Markets continue to be held hostage by the ongoing thought of a U.S. involvement in the Syrian conflict. However, it appears that resolution on this matter will not be found until September 9th as President Obama has passed the buck to a congressional vote for a decision. We expect with the shortened week and end of summer, volatility may subside until the vote and it will be up to congress as to where markets go from there.
For now, buy the dip mentality will continue to keep our attention and with that said, we are looking at some of these positions for potential ALERTS!
Using TriggerPoint Research’s proprietary algorithm we have identified some of those stocks with the potential to breakout or bounce up. While they have not quite hit that point, these stocks are on our watch-list for a TPR Equity ALERT!
Please see important risk disclosures before acting on this ALERT!
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