Very Flat Digestion Day

spx

Today was a consolidation day for the bulls. The SPX was +0.01%, so it doesn’t get much flatter than that, so there’s not a whole lot to cover tonight.

I sold 1/3 YRD today for a very quick 17% and I am letting the rest ride for now.

I also added ARLP as a long today. This is a coal stock that is working on a nice bull pennant. Targets are 18.50 and 20

arlp

Also one that I am watching is FCX. Take a look at the weekly chart below. Possible targets are 15 then 17

fcx

See you tomorrow.

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