Afternoon Update

I took partial profits on this move higher in all of my positions as we begin to restest breakdown points. The bears seem to be licking their chops around this level, as this would be the spot to add if you are bearish.

It’s hard to do anything here with the hurricane and the elections upon us. I still sit heavy cash and intend to stay that way until we get past these damn elections. Still long partial positions in $FAS, $CAT, & $RIMM, and still love the potential for all three.

China is going HAM, and continues to break out of a multi- year pattern, I encourage you to look for opportunities in the space. I’m currently scanning to group.

 

Previous Posts by RaginCajun
Morning Movers
0 comments

Leave a Reply

Your email address will not be published. Required fields are marked *

*

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


Major US US Futures Europe Asia Commodities 2yr Euro Yields 10yr Euro Yields Oil
  • DOW 15,303.10 0.06%
  • NASDAQ 3,459.14 -0.01%
  • S&P 500 1,649.60 -0.06%
  • VIX 13.99 -0.57%
  • SPX 500 (CFD) 1,651.60 0.12%
  • DOW (CFD) 15,315.00 0.08%
  • NASDAQ 100 2,993.40 0.08%
  • EURUSD 1.294 0.00%
  • UK 6,654.34 -0.63%
  • GERMANY 8,305.32 -0.56%
  • FRANCE 3,956.79 -0.26%
  • SPAIN 8,264.60 -0.95%
  • H. KONG 22,618.70 -0.23%
  • JAPAN 14,568.00 0.58%
  • KOREA 1,973.45 0.22%
  • SHANGHAI 2,288.53 0.57%
  • NAT GAS 4.22 -0.96%
  • GOLD 1,385.50 -0.45%
  • SILVER 22.31 -0.83%
  • COPPER 3.29 -0.17%
  • FRANCE 2YR 0.19 -10.90%
  • GERMAN 2YR 0.00 -120.00%
  • ITALIAN 2YR 2.18 27.59%
  • SPAIN 2YR 2.81 8.21%
  • FRANCE 10YR 1.94 0.31%
  • GERMAN 10YR 1.43 -0.90%
  • ITALIAN 10YR 4.14 2.68%
  • SPAIN 10YR 4.42 2.91%
  • WTI 94.15 -0.11%
  • BRENT 102.78 0.00%
  • WTI/BRENT 8.63
  • 321 CR SPR 21.96 10.04%