Again, another day of easy pickens', and the past days picks continue to do well. Today had ADIC, COH and SRNA alert off the list, but there were many others we followed in the room.
The market internals continue to improve as the SSRatio gained another +0.33 to -0.35 favoring Selling, the estimate of market risk remains High. We remain in "lite mode." The Ratio could give the all clear signal over the next day or two, but I'd like to see some backing and filling first.
Sam