Market Sentiment Watch: This will be thin as we hit the office just before midnight last night and will be addressing outstanding questions from this week, both from the comments section of the Monday-Thursday post and from emails today. It's good to be back and to have missed most of what was a largely D.C. oriented week in the markets. Today's expected healthcare vote will likely swing markets significantly. We see gassy and oily names as over done to the downside at this time and are waiting for the bottom of the trading range to hold near current levels before adding to select names and/or repositioning modestly.
- We get durable goods at 8:30 am EST (F = 1.6%, last read was 2.0%).
In Today’s Post:
- Holdings Watch
- Commodity Watch
- Stuff We Care About Today
- Odds & Ends
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