Home Stocks Trading Advantage Stocks – Rug Pulled Out

0 92

It looked as if we were going to rally strong yesterday. On a decent gap open with aggressive buying early, the rug got pulled out from beneath and down the markets went. The COMP led the way lower and finished in the red. The DJI remained the strongest on the day of the FOMC announcement. With the tax plan details due out and then getting delayed, that really got the ball rolling to the downside. Things did pick up once the FOMC announcement was made and all is well. I expect the markets to recover here although the market weakness has been gaining a little momentum lately. The downside is something we have to be attentive of but no worries ladies and gentlemen, there is plenty of upside gains to be had. Open Position: EOG RH MCD C AET MXIM Stocks to Watch: TWTR CTXS NTAP JBL HLF WFC  JPM MS NFLX WDC DIS SBUX STZ NKE LULU CREE VZ T HOG MON YUM LOW HD LEN TOL FEYE PANW FFIV AKAM

NO COMMENTS

Leave a Reply