The Dow showed some excellent strength on Monday and I think we’re headed higher, but we do have some ranges we need to keep in mind. Outside of that, there are still several excellent names we can be buying if indexes need to catch their breath.
We all want to be confident in the direction that we are choosing to trade. Often that means seeing what’s just below the surface. In this case, using one simple tool to understand the bias of the intraday S&P.
The search for the next great winner often comes at the sacrifice of managing open trades. Here’s where we are with the current book.
So ends the best quarter in 10 years. What’s next?
The XLY is a heavily weighted sector in all three broader averages and CAT is a heavily weighted name in the Dow. So while we look to the long side in /ES and /NQ, what are these two recently battered down names doing?
