Making Friends with New School Talent

The payment processor plays have been an emerging area of potential new leadership in the market, not to mention being logical takeover targets for stodgy credit card firms looking to sharpen their business models. 

We know PayPal and Square are on the radar for an increasingly number of market players. But Vantiv is also worth a look. On the daily chart, below, note VNTV in an established overall uptrend, threatening a fresh breakout as we speak. 

Vantiv recovered sharply from the sell-off earlier this year. And if the stock can now hold over $54 convincingly I am looking here as another long idea, beyond SQ PYPL. 

Elsewhere, stocks still largely have the dovish wind at their backs, despite FB flipping back to red as I write this. Shorts, in general, need to use extra care in this type of tape, with end of quarter "pain trades" seemingly on full display.