Intel (a component of the DJII, the Nasdaq 100, and the SPX) gap opened strongly higher this morning on favorable news, pulling all three of those indices
along with it. On the other hand, the Russell 2000 is down on the day currently.
While the Nasdaq may stay strong today as it has been invigorated, the SPX risk:opportunity is not as favorable now as it was prior to its early morning
gain. TOT daily traders are advised to take profits at 10:45 a.m. and move to the sidelines for the balance of the session.
Thanks for the opportunity to be of service, and I’ll email you again in about 15 hours — or sooner if circumstances warrant.
Turov on Timing is Copyright © 2014 by Turov Investment Group Inc. All rights reserved. Turov on Timing is for personal use only. All caveats and
advisories that appear in the monthly Turov on Timing apply equally to this email. Re-publication and distribution is strictly prohibited. No part may be
reproduced without the permission of the Turov Investment Group Inc. All recommendations are based on the Standard & Poor’s cash index (SPX) which cannot be
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rather leaves that to the discretion of each individual reader. The “official” price of the opening and closing SPX is as reported at www.bigcharts.com and
may not be consistent with futures or ETF prices. All stop recommendations are based on that “official” price. Any recommendation that is to take place at
a specific time is basis the “opening” on a one minute bar chart beginning at that time and ending one minute later. All times mentioned are Eastern.
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