The S&P sold off Monday after a 5% run up last week. Does this dip present the perfect entry point for stocks you've been waiting to buy?
Jeff Tomasulo of SMB Capital tells Fast Money he remains overall bullish. "As long as SPDRs are above $90 the market is healthy overall," he says. "And my trade is to buy market leaders that are pulling back to key levels on heavy volume."
Here's what's on Tomasulo's radar.
"The stock is starting to consolidate," he explains. "If it trades above $68 on high volume and the SPDR goes through $93, the stock could break out."