50/50 Low Riser Example: PAYC
The S&P 500 has risen for four consecutive weeks. Santa's Rally came right on cue (the day after Christmas) and the S&P has surged 10% since Santa "sleighed" the bears.
The S&P is trading near a resistance level 2,700, so be cautious entering new stock positions this coming week. The market may pullback here before potentially testing the next higher resistance level at 2,800.
A pullback may provide a well-timed entry for Paycom Software (PAYC), a 50/50 Low Riser (Daily).