Big Tree Fall Hard

With financials weak once again, and potential major red flags like DB unable to find a bid below its 2008 crash lows, LendingTree remains a viable short idea.

On the updated daily chart, below, big TREE has had several weeks to grind back up and alleviate some short-term oversold conditions. Earnings are not for another few weeks, and if TREE holds today's move down it may be just the beginning of a fresh leg lower.