|Day Low/High||30.43 / 31.17|
|52 Wk Low/High||21.65 / 32.74|
Forming a negative thesis and then waiting for it to work will absolutely drive you nuts.
The market traded like it was sipping piña coladas, forgetting all about the Fed drama of last Friday.
Traders aren't convinced the economy is strong enough to justify anything other than token rate hikes despite hints of Fed hawkishness.
We might be moving toward a market-timing environment, but not today.
Ideally I'd like to buy a negative response to Janet Yellen tomorrow.
Don't fight speculative action that keeps sending prices higher.
The sudden dearth of momentum will give us some good opportunities, but watch accounts closely.
Making buys may require patience as stocks reset after recent frothiness.
It is often at this phase that you make the biggest gains by pressing.
Quotient Technology is ready to break out, and these other picks are already big winners.
This choppiness and thin trading is making it tough if you don't catch a move right away.
It is necessary to book those gains quickly.
It was the market's weakest close since June 22, when Brexit worries were building.
Turbine-blade maker TPI Composites reports first results as public company.
Don't focus too much on the indices; look for action in individual names.
The big issue is if the market can build on Friday's jobs good news.
An update on the market and my stock of the week, TPI Composites.
But this sort of downside action is going to create some opportunity.
The inability to generate sufficient momentum for new highs is concerning.
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