Recap April 22

The wind is slowing down. "Stocks erased early losses to finish little changed in very light trading, as the SPDR S&P 500 ETF saw just 38 million shares change hands, the lowest volume session since August and less than half of the one-year average daily turnover of 86 million shares.   A strong day for oil headlined the commodity action, with WTI crude approaching $66 a barrel on news the Trump administration will reportedly end sanctions waivers for Iranian exports.  Treasurys sold off, with the 10-year yield rising three basis points to 2.58%, and the VIX gave back most of its early gains to finish below 12.5."

Enjoy your family and friends. Have a great long weekend.

                                              The trend is still up, no hedges on.

Sometimes you just have to take profits. Sold most of the stocks into strength.

Recap April 12. ~ No worries.

                                           The trend is still up, no hedges on.