I have no desire to get long right here. I think Chart Addict sums it up pretty well, we have not yet reached a capitulation point, longs beware.
Last night, Fly gave a great shopping list of stocks to buy for when we do hit that point. The list can be found here. For now, I will use words from Danny’s soon to be famous NL, be patient and let the setups come to you.
Top pick: Cash
Note: AZO continues to preform well
Upcoming earnings, Wednesday:
- Big Lots, Inc. BIG
- Joy Global Inc. JOYG
- MINDRAY MEDICAL INTL LTD MR
- Sigma Designs SIGM
- Toll Brothers TOL
- YAMANA GOLD INC AUY
Toll Bros are always very conservative with what they say about the future. That conf call is going to be ugly.
Hey Ragin,
I just subscribed and downloaded the tool gear as well but i am not seeing anything. I mean i din’t see anybody’s posts etc. what do i do?
don’t worry, i got it.