19Aug3:11 pmEST
On Edge Into the Final Hour
Even the strongest breakout plays, such as MBLY, are not sticking as you would expect them to in a trending market. While GOOGL and other leading issues are hanging in there, the market remains suspect for a late-day fade.
On the whole, the action has been whipping around today and I am focused on not forcing in new traders.
Crude and energy stocks are still in focus, to see if they can stabilize or continue to swoon.