I’ve found very little to trade today. That doesn’t come as a surprise since we have not yet broken out of the overnight trading range.
For those not already short RGR, a great low risk short entry off the retest of the symmetrical triangle breakdown. I think you can enter at $12.70 with a stop [...]
On tap tonight I will be discussing what I deem to be key indexes, a look at the bond funds, currency funds and some specific stocks.
$SPX
I will start by looking at $SPX which I examined yesterday in some detail.
Here is a summary of my posts from yesterday:
- The peak at 930 to trough at 800 [...]
What is going on with the gun manufacturers? I’ve noticed that SWHC has been doing well in my junk long portfolio. Today Ruger was on the 52 week high list.
“Given heightened consumer fears of tighter gun control laws we would suspect an abnormally elevated level of firearms purchases over the next few quarters as consumers [...]