IYT...transports are attempting an ORH Yr. above 165.
Look for more upside into year end. 165 is your risk to own this sector.
KRE…regional bank ETF held yesterday @ 54.40.
A close above 56.03 will see this run into year end.
Visa...(V)anyone who took the long Visa idea should use a trailing 79 closing stop.
COF…92.10 is the all time high. The trailing stop on this is currently
85.95 Stop Close.
The insurers look good. AIG,CB,PRU,& Travelers all have lower risk profiles than
names that have already exploded.
It’s been two years since the Ten Year Notes were trading at current levels.
During that time period the 30 Yr. was averaging prices in the mid 130’s.
I like the Midcap (MVV) against today’s low for short term money management.
SMH have room to rally .
DD…Dupont looks good against today’s low
FLR…Flour corporation is sitting on momentum. A higher close today is needed to confirm today as a trad able low.
