SELL KV.A $2.93
SELL ABT.TO $4.84
Selloff in commodities continues with oil down more than $2 as growth in the world economy slows. Glad I sold some positions last week and have really limited my potential losses had I kept them today. Technically the charts on the major indices do not look that good and I will consider finding some stocks to short tonight. I think we are headed lower from here, but not back to the March lows. Markets have been on a tear and the easy money has been made. This will actually be a good time to cool off and retest the bulls real strength in this rally.
On the bright side, EVVV seems to be rolling along fine (+20%) along with IVW.TO (+36%). EVVV traded 2.2 MM shares today, which is the highest volume in the last two years, which I think is positive for this stock since it closed positive as well.
SELL ABT.TO $4.84
Selloff in commodities continues with oil down more than $2 as growth in the world economy slows. Glad I sold some positions last week and have really limited my potential losses had I kept them today. Technically the charts on the major indices do not look that good and I will consider finding some stocks to short tonight. I think we are headed lower from here, but not back to the March lows. Markets have been on a tear and the easy money has been made. This will actually be a good time to cool off and retest the bulls real strength in this rally.
On the bright side, EVVV seems to be rolling along fine (+20%) along with IVW.TO (+36%). EVVV traded 2.2 MM shares today, which is the highest volume in the last two years, which I think is positive for this stock since it closed positive as well.
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