Friday, June 11, 2010

Closing strength

Wow, the market finished up strong today. I'm still on the road working, but generally the market held its gains and added to them in the final hour. WPRT and X were among the strong finishers. I don't want to chase anything here, but there are definitely certain sectors and stocks that are becoming more attractive with the market leveling off.

I'm still 100% cash, and the lack of strong volume doesn't really motivate me. Traders who have gone long on nat gas, though, should be on solid footing as long as the White House is on board with clean energy.

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