Good Day All,

We all know what happened yesterday!  Quite a day!

We’ve had a difficult time of it trying to find bearish names and we certainly now know why, and it’s a good thing as they really jammed stocks up in a big way!

SO – Triggered and finished nicely but may have been up too much too soon.  Earnings were good.
V – Had a very strong day and closed above all SMAs.
MA – Had an awesome day and stopped right at our Target Level 1.
AXP – Had a very nice day and needs to clear past a few highs to move up more.
PYPL – Another one that had an awesome day but did stop at Target Level 2.
HLF – Got and remains stuck at our trigger level.  Still has potential to break out if the market stays strong.
LRCX – Stopped yet again at our level.  Could be huge mover if we have a market meltup.
Z – Earnings were released in the morning before trading and the Street hated them so this one got “kerplunked” and had no chance to trigger.

LLY was our lone bear mention but had no chance to break our trigger level with the futures up so much to start the day.

For those that elected to roll up and roll the dice on last week’s bulls with the election looming, here’s more on those:

HRB – Had a nice day, passed our target level and is between T1 and T2.
VIRT – Closed the gap we’d been hoping it would, on the earnings release, and hit the 150 SMA.
ORCL – Closed our gap at T1 and closed right at it.
JNJ –  Powered through our target level and now could really run quite a bit if the market stays strong.
ETFC – Performed very well and made it to and stopped at Target Level 2.

The FED is due to be heard so we’re being smart on rolling or closing!

More when warranted!

Thanks,

Wayne