Quick note (I'm sick today and I shouldn't be doing this at all)...TLT (ETF for the ten year treasury) is tracing out what looks to me like a nice cup and handle formation. I'm buying at market with a tight stop of 88.03.
I think long bonds are going to strengthen short term, at the very least.
"Worst case" would be bond yields taking a dive due to poor economic news coming down the pike.
Other fills this morning: I bought some DD (big fan of Longwood Gardens here, also beginning to break out of base). Yesterday I bought ADBE for same reason. N.B. ADBE is a rare purchase for moi because it's really too darn expensive for my tastes but the setup looks good.
Oils have opened well. VLO has been rocking the joint for some time now. Things are very extended now; no buying or adding until a decent pullback.
Other quick ideas: ARW getting creamed this morning- definite watch list item let's see how good a price I can get in the coming weeks.
OK back to bed....sour stomach today....arggh...
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