Things looked better today, however, we will stay cautious until after the FOMC announcement. I don't expect any change in interest rates, there is good reason think all the worries they had, consumers, market speculation and wage pressures, have all eased significantly. But there are still concerns like energy prices and dollar value (that may be effected by the election). So I suspect the text will give a mixed message depending on how you view the future.
Longs: MERX, QLGC, DPMI, CTXS, DOX, CMNT, EFX, GPSI, SANM and EFX.
Shorts: GDT, PRHC and CRGN.
Good Trading!!
Sam
savvy-trader.com |
