The Oxen Report: Market Looking to Climate Change and Bernanke Speech for Direction

Good Monday! Hope everyone had a nice weekend. For a recap of last week’s 4/5 week, check out The Oxen Recap. The big winner of the week was Big Lots with a nearly 10% gain on the stock in Thursday’s Gamble of the Day. This week we are looking at a market that is a bit toppy and has a limited number of earnings and economic data points until the end of the week. That may mean the market is not going to have much to extend its rally on, and we should take an early bear position on the market. 

Let’s get into Monday’s picks…

 

Buy Pick of the Day:

 

Analysis:

Entry:

Exit:

Stop Loss:

 

Short Sale of the Day:

 

Analysis:

Entry:

Exit:

Stop Buy:

 

STORY IN PROGRESS, CHECK BACK AROUND 8:30 AM FOR MORE UPDATES!