I'm seeing an ugly market that looks as if it could reverse to the down side the same way it did to the upside, in a day or two, not a big top, which makes things more difficult. In any case, there's some nice positions there tonight and if the market is up tomorrow you may get even better positioning on the shorts. The stops are just areas I recommend, feel free to adjust to your own style and as always, email me with any questions.
there are still longs on previous lists that haven't broken out and look good, take a look especially at the biotechs.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago