SOLD FIRE $25.63
SOLD HEAT $15.38
BUY ITWO $18.97
There was a late day rally today in the markets as options expired today on the third Friday of each month. I am enjoying gains in my long positions DTG, HW, ITWO, MLNK, V, VISN, and VVUS on the US side. On the Canadian side, I'm loving the action in CR.TO and GCE.TO. US markets still in neutral consolidation and the best index to break out is the Nasdaq, hugging the upper range and right at breakout levels. DOW and S&P are near the lows of the channel and look to trade higher from here as well. Make sure you keep your eye on these neutral ranges. The TSX has pulled back to its upper trendline in its ascending triangle formation and may bounce from here on Monday. Will keep an eye on this.
SOLD HEAT $15.38
BUY ITWO $18.97
There was a late day rally today in the markets as options expired today on the third Friday of each month. I am enjoying gains in my long positions DTG, HW, ITWO, MLNK, V, VISN, and VVUS on the US side. On the Canadian side, I'm loving the action in CR.TO and GCE.TO. US markets still in neutral consolidation and the best index to break out is the Nasdaq, hugging the upper range and right at breakout levels. DOW and S&P are near the lows of the channel and look to trade higher from here as well. Make sure you keep your eye on these neutral ranges. The TSX has pulled back to its upper trendline in its ascending triangle formation and may bounce from here on Monday. Will keep an eye on this.
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