Some not so random thoughts about equities in general 01.12.16

by | Jan 12, 2016 | Free Stuff | 1 comment

Coming into 9:00 futures are holding their gains fairly well and at the moment all I can say is that I don’t think they will crash and burn.
Here is the bullish problem as I see it, at least for today.  If I wanted to buy something or scurry from a bad short I would have done it by now.  This means that some likely exogenous development is going to be required to get me in and unfortunately clairvoyant I am not.
I would also add that regardless how today settles out the “better” names are going to be those that show the best relative performance.  In particular look at the directional change from today’s open>>>if it is negative it is a name that might be better off on a sell list than a buy…

1 Comment

  1. Dayana on July 12, 2016 at 01:34

    This forum needed shiknag up and you’ve just done that. Great post!

    Reply

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