Over the last couple weeks there have been several home-run trades we were all over, so it is up to you to evaluate whether you kept them on your radar and make money. The indices have pushed higher despite oversold conditions, but now may be the time to be a little more cautious as we try to work this off. The question in the short-term seems to be where will this market hold up? Based on the evidence, we are in a strong tape and should hold the gap from Friday.
Join the Discussion