Pre Fed Giveback

Gun to my head I think we could go up hard tomorrow as long as Yellen doesn’t make a mess of things, but I have a feeling she wont, and she likes to protect equity values like an eagle protects its newborn.

It was a bit of a giveback day for the market today as some of yesterday’s fast money took some profits. The Nasdaq and Russell outperormed the Dow and S&P. We had one big winner today as ESPR popped +22.50 or 30% and I sold 1/3 and raised the stop.

Also late in the day MDXG triggered to the penny.

I have nothing to report tonight.  Get some rest, tomorrow is fed day.

espr

 

 

 

 

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