TOT daily traders come into today’s session 200% short. The market is higher because of MSFT’s earnings and MSFT’s coattails. Our stop on the position is SPX 2185.43 stop. If not stopped out, carry the position overnight and into tomorrow.
(By the way, if any new subscriber is asking himself, “Why is Turov staying short; is he just stubborn? the answer is “No.” I rarely inject my personal opinions into my market recommendations, but rather let the data speak for itself. And the data says tomorrow has a 60% to 65% chance of being down.
Thanks for the opportunity to be of service and I’ll email you again in about ten hours.
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