Higher Spooze Ahead?
Each evening we
focus on the most interesting aspects for the upcoming
trading day. The comments are based on observations of the
nightly updates of the Futures and Market Bias pages. They
are provided for educational purposes only and are not
intended to be direct trading advice. Also, keep in mind
that these remarks are made up to 12 hours in advance of the
markets opening. Therefore, overnight events may alter the
outcome of these observations.
The fact that the VIX reversed on Tuesday combined with other market timing
signals (see tonight’s Stock Outlook) suggests that the September indices will
follow through over the next few days. Look for buying opportunities here.
November beans
(
SX1 |
Quote |
Chart |
News |
PowerRating), mentioned recently, appear to be rallying out of a
pullback. Continue to look for a buying opportunity here.
Best of luck with
your trading on Thursday!
face=”Arial, Helvetica”>Dave Landry
P.S. Reminder:
Protective stops on every trade!
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