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A dire unemployment report came out last week, and although we gapped down there was no follow through selling. This confounding action has caused many to cover shorts and reevaluate the landscape. Be on the look out for a follow-through up day early this week and we can reenter the uptrend. Watch leader GS to trade a possible bounce, as it has significant room to the upside. Most of the banks look similar so it could pay to focus on the sector this morning. LVS is a stock that could break a recent downtrend for a good short-term long trade.
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