{+++} As you know I’ve been watching 1630 level. Last night the S&P futures tagged 1631, close enough. The fact that the bears couldn’t crush the tape today after an in insulting and tedious 3 hour shut down, is bullish to me. What is also bullish is that the 10 year TNX hit 2.92 and the market managed to stay glued together and rally. We’ll see if the bulls can stay behind the wheel.
Here are my new longs.
SREV….buy 13.04 level
JOY …buy 53.55
VSAT ….buy 69.43
GILD….. buy 60.10 area