I’ve been reaching out to my sources and searching my screens, far and wide, inside of The PPT. I cannot find a single stock worth buying. I am 25% cash (I sold my EL position) and eager to invest money. At the top of my list is MRVL and VHC. However, they’re both risky plays and I own enough. I cannot justify buying more of them when my cost basis is below the current trading price.

With the EL numbers, I am leaning towards a small position in SBH, especially since Mrs. Fly thinks it’s “heading to awesomeville.” She’s never wrong on her retail trend trades.

Other than that, I am in hold mode, waiting for something to happen. The great part about this business is something always comes up. There will be an event that will open the doors to opportunity. Sometimes the best trade is doing nothing, which is exactly what I intend on doing today.