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Halftime Report, Thursday November 5: up

|Includes: DIA, FAS, IWM, QQQ, SPY, TNA, Financial Select Sector SPDR ETF (XLF)

The markets are up nicely today. Jobless Claims came in better than expected and the other Economic Reports were bullish. The Financials are the only significant laggard today. The TICK and TRIN are divergent in that the TICK is corroborating the broader market moves while the TRIN is not. The VIX is bleeding out nicely, so the tie breaker goes in the bulls favor.

I made one trade today in FAS which I highlight in my video. I probably would have been better in TNA when it comes to trading the ETFs.


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Happy Trading,