05Mar2:20 pmEST
Grinding Away with Indecision
My open positions are a mixed bag, with the CAT short working the best for me. Meanwhile, my CRTO ERY SRS longs are grinding in the other direction.
But even with the CAT short, dip-buyers are giving it every effort off the morning lows.
As far as fresh positions, a few long setups into strength are: ADSK GNC HALO LNKD PAYC.
The ag plays, namely MOS, have so far failed to motivate buyers to step in on this pullback, which puts those setups on the back-burner for me.
Into the final two hours of trading, I am considering cleaning the slate a bit and closing some positions if they do not respond strongly in favor before the closing bell.
Overall, the market is slow today, in many respects. True, some names like BLUE JUNO are hot. But the snowstorm may very well be slowing things down as a whole.