12/3
Payrolls before the open. Can that push this higher?
I purchased some HMY and JEC yesterday, but otherwise was in cash and missed this two day eruption.
The big momentum stocks are slowing down, but everywhere else there are set-ups forming where stocks have consolidated.
There are some, like CAT and SWKS that seem poised to continue higher.
I certainly was wrong on believing the market would correct lower and I was safe but wrong to be in cash.
Today I will not chase, but take some more small long positions when the opportunity presents itself.
As always, this is in no way advice on how or what to trade. Make your own decisions.
Have a great day.
Ben
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