Volume should pick up today. We get two big news items coming up…
- Consumer Confidence at 10:00 am
- FOMC minutes at 2:00 pm
Should be interesting since they both will tell a lot about our economy. If the news is “economy is slowing”, market could sell off.
Other news… Ernesto
- Dumping rain on Cuba
- Could be upgraded back to a hurricane as it heads for Florida. Pick up some hurricane stocks tomorrow.
On the Radar
- Hurricane stocks: NGAS, FUEL, BDCO, HOKU
- MauiTrader adds to his bullish picks: TZOO ABCB PT
- China Life Insurance (LFC) – a former breakout stock that I sold too early in is reporting tomorrow. Dump?
- Best Buy (BBY)- expanding into China.
- Viropharmaceutical (VPHM) – is making a mad comeback. Reported yesterday.
- The usual momentum stocks I track: MED, NVEC, MLS
