Watch List For March 25th

Good Morning,

As expected we saw a Senate deal announced overnight, and after the market initially loved it, it is not so sure at the moment. Right now it looks like we are setting up for a relatively flat open, and my plan is to be extremely patient and see how that gets digested for the first 30 minutes. My plan today is pretty simple. I will be watching AAPL, MSFT, AMD, DAL, PTON, and WORK and based on the market action I may be interested in either long or short setups on any of these names. The other thing that I will be watching very closely today is the VIX, which may be setting up for another spike back up towards the recent highs. If this starts to setup, shorts will definitely be in favor. If the VIX gaps up and quickly eases, then I may look for some long setups in a market bounce.

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