Stocks saw a bounce on Friday as AMZN earnings were digested. There is a case to be made for the side of caution, but I’d rather focus on bullish names that continue to outperform and the next round of earnings.

Almost like clockwork, the plane trade on Thursday did bring the selling we thought it might. Some positions fared better than others, and ultimately it comes down to the strategy you used in each situation. Let’s review that along with some thoughts on what happens next

Well, three signals if you count my flight tomorrow. Other than that, there is a reason to starting to tighten up stops on longs and consider raising cash and looking at call credit spreads. Let’s take a look.