This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

The Day Ahead: Stuck On a Lame Exercise Tape

"Train or die" -- Undisclosed personal trainer I now follow on Twitter.

Twitter is a fascinating place to chill. Each day one awakes to find a comforting bombardment of information from throngs of people who would absolutely recognize you in the street, thanks to that one magical comment of yours that got retweeted months earlier. A company like Salesforce (CRM) is helping others to manage their brands on Twitter, unbeknownst to many Twitter faithful. As for myself ( @BrianSozzi), I use Twitter partially in order to find inspiration to gauge the mood of the equities market. There is nothing more energizing than finding that one interesting quote that lays the foundation for a multitude of investment ideas.

Today, I am reminded of the "train or die" quote from a personal trainer I decided to follow on the site, as it perfectly sums up my feelings on the market. For the past three weeks or so, I have been willing to run with the bulls, as there were decent enough reasons to get long a "sentiment-driven rally." However, throughout the ego-stroking, there was a little person inside undergoing intense training exercises in preparation for the inevitable -- a pullback in the market that lasts longer than an hour or a single session. Every waking minute there I've devoted maniacal attention to note-building so as to not get caught flat-footed on the next decisive move, which is evolving as one rooted in profit-taking.

The market is involved with a lame Richard Simmons-esque 1980s exercise program. That is, it prefers to hang on to belief in well-discussed themes, as opposed to graduating to a P90X-style plan of figuring out why we could be stepping on eggshells for most of September.

Soz Brand Workout: One Gear, All Out

What are the transport stocks saying?

It's one thing to proudly state, after finding a colorful chart, that the underperformance of transport stocks does not confirm the rally off the June lows. It's quite another to understand the message. The way I think about it, the transports do not believe the incrementally improving macro data trend, and I suspect it will unwind in a historically dour month for stocks in September. New-order trends in manufacturing reports, and continued focus by retailers on lean inventory management, lend credence to this view.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Our Tweets

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs