08Jul11:54 amEST
Buy on the Halt, Sell on the Default
We have got ourselves a new-fashioned suspension of trading this morning, with the NYSE halting trading of all symbols.
As though you did not need another reason to play tight in this sloppy market, there you have it. Even mighty AAPL continues to weaken and may actually be in the midst of a true correction.
In the meantime, corn and wheat are sporting solid consolidations and are still on my long radar.