Late Night Strategy for Thursday

On the long side, keep an eye on  Zendesk, seen on the first daily chart, below. As we know, many of the recent IPO's have been a hot pocket for momentum traders. If ZEN makes another push up towards $28 on the back of Wednesday's strength it becomes an enticing, quick momentum long. And on the short side, HES and many large energy firms remain weak. On the second daily chart, below, if Hess loses $82 you may very well look for a short under that 20-day moving average. ________________________________________________ ________________________________________________