No future trades to report this morning as my attention has been on equities. They S&P is trading inside yesterday’s value and has shown directional conviction to the upside. Keep in mind however, that there’s still a gap trade open—which would see price back down to 1649.50.
I had to get a scale off on JRCC this morning after their debt restructuring announcement sent shares soaring over 20 percent higher in early trade. Since then, I’ve been monitoring a few names, looking for upside action.
Top pick going into lunch: $LOCK
I have The PPT feeding me lots of good looking charts, I’m working to boil it down to one or two.
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