09Mar3:39 pmEST
Assessing the Last Gasp of Winter
After the recent daylight savings time change, you get the feeling that Old Man Winter is close to his last breath. And when we look at the market, the issue is whether today is the last gasp of dip-buyers bulls before a deeper market pullback ensues or instead if they will simply repeat history and shoot us much higher, yet again.
At any rate, I decided to sell the SDOW long from last hour at $19.20 from $19.22 entry for a negligible loss. I am not going to swing it overnight with the Dow holding gains in final hour.
As it stands, I have profit cushion on virtually all of my positions: Long SRS, Short CAT CMG (down a bit on that one) FB LVS UAL.
More in my video market recap after the bell. See you there.
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