Am I surprised to see strength today? Yes. Should I be surprised, no. POMO rules all.
I was stopped out of $EGLE this morning for 11 cents, and find myself back in cash as we head into the almighty jobs report. At this point, I’m almost certain I will miss the rally come Friday.
A few tickers I will be watching after the holiday: DVN, CJES, SD, PQ, basically anything in the oil/gas patch. OA’s SHLD also has my attention, it just has the squeeze feel to it.
Here’s a look at today’s high volume/hybrid movers:
I stopped in a nearby Sears the other day and unless I’m picking up more Craftsman, I’ll never go back. Stuff was crap and still expensive. Also one of the three sales people I saw on the 2nd floor was sleeping on a recliner. Huge, slow, overpriced and with only 1 brand name I’m interested in ; I can only hope you guys get your squeeze so I can go short.