Oversold Stocks Have Room To Rally, But Macro Worries Get In The Way

Volatility has picked up in US stocks.  This is a perfect environment for traders who are nimble enough and ready to take ones and twos, quickly locking in what markets give them. It is increasingly becoming clear why stocks began … Continued

Covering ITB Shorts — For Now

June’s housing starts will be published this Friday.  Month-to-month, this is a volatile series.  May was down 11 percent, while April was up 22 percent.  Historically, starts remain low.  As Chart 1 shows, it is not often the green line … Continued