Thursday, September 01, 2016

September 1, flat into long weekend

Thursday, with one day before the long Labor Day weekend, look for broad indices to close slightly higher tomorrow (Friday). Many vacations are starting today, so volume should be even lighter tomorrow. Sold the short SP500, SDS, for essentially no gain.

Sold the DUG, ProShares UltraShort Oil & Gas, at 48.76 for 2.07 per share gain. This can continue to run further.

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