End of Month Window Dressing I guess is the theme today for the bulls. Futures are up: NASDAQ up about 7 points, and the S&P up 5. Asian Markets were mixed while the European markets are up over 1%. The market will be reacting to the Personal Income/Outlays report due at 8:30am EST and then Consumer Sentiment at 10am.
Here’s a nice You-Tube classic from the Sandlot that most of us bears are probably thinking as this market finds every non-sensical reason to keep going up!
Here’s the Long and Short Setups…
Long Setups: CSIQ, NEP, LINE, MGG, SA, TSL
Short Setups: ALK, CALM, DLIA, UFPI, VIV