I’m Not Chasing This Today
Since I went to 100% cash yesterday, I missed this morning swell. It would have sucked giving back 5% in the RUT and another 3% in the NDX, but it didn’t happen and gains are preserved. The best trade today might be at the close so I’m sitting tight and waiting to buy. I will likely get short the indexes and buy things like SKF and maybe my old friend SRS.
Stocks to watch for long trades at tomorrow’s close or now if you feel like holding:
BWLD
PNR
PRGO
All three look interesting to me and I want to see how they close today first and then see how they trade tomorrow. There might be a better entry tomorrow.
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