BUY LOWER SELL HIGHER

Durable good orders come in worse than expected and the futures take another dip lower on the news. SPX futures now about 12 points below fair value and if you want to play a gap open, well today is your day.

I have reiterated a few times in the past week or so how over sold the markets are and we are due for a bounce. It gets old after a while but the signals have definitely worked over time. My pal Scottie Rothbort of Lake View Asset Mgt with his research and Dr. Brett with his.