Monday, November 7, 2011

Bullish Bearish Hedge Model Tuesday Nov 8th



So the general market turned bullish today on the models. Energy was up very nicely as well as the precious metals. Crude was really the stand out today as predicted on the model yesterday. While the second half of today's trading day pushed the market into buy mode, the signal really needs to see some follow through. So for tomorrow, the focus will be on going long energy again and possibly short volatility. Also, take a look at the general market etfs or futures (S&P, Russel, Nasdaq...etc). Financials still exhibit some weakness, but tech and again, energy, look appealing for short term buys.

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