I closed my short line on yesterday`s break and I am playing the long side with a stock pick. We have a dual market today. While Initial Claims were far better than expected and the first print below 400k since April, we still have Washington pulling the market down.
On the long side of the market there`s a stock that has been catching my attention. DR Horton (DHI) has been acting right recently. Looks poised for a move higher.
Today I will leave you with MGMT, Kids - a fantastic sound track.
Have a great day! Don`t let them beat you.
PS: Check the new upgraded and expanded version of the newsletter here, now in PDF format.
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