The major U.S. indices managed a bounce today following last week's profit taking. Overall the rebound was pretty mild. Traders are likely cautious with the situation in Iraq and Ukraine. Plus the Federal Reserve's next meeting concludes on Wednesday afternoon. You know the market wants to hear what Fed Chairman Janet Yellen has to say.
The tone of trading felt cautious with money moving into the safety of U.S. bonds and the yield on the 10-year note falling below 2.6%.
We are not adding any new trades tonight.
A few stocks currently on our radar screen that piqued our interest today are:
FSLR, PRGO, WAGE, TRW, THS, VMC,