The Indices are perking up....
Hey ladies and gents,
I started noticing some strength in the S&P, Russell, and NASDAQ futures. This could very well signal the bottom of the drop in the markets. With September just around the corner, we can expect more money flowing into the markets at the end of the summer vacation. A large amount of my watchlist candidates and holdings have been glowing green in the past 2 weeks, so things seem to be perking up a bit.
Todays winners seem to be: NUHC, TTEC, HRT, ARSD, HLEX, WGA (new potential long), MU, ISBC, MEH, BPO, BEAS, BEBE, AMAG, ABMD, KAI, ICI
Positive Futures winners include: Lumber, Gold, Corn, Cattle, Hogs, Soybeans, Nat Gas, and Wheat. I am still short Gold, so I got hit a little today, but my Copper short is working just fine. I am also being hit a little by my Lean Hogs short as well. Regardless, I am doing just fine on the futures side as well.
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