Markets quiet after Senate Debacle on health care. Can they hold here?

The markets are up slightly before the bell with QQQ leading the way.

Of note, Biotech strong, Financials mixed, metals up slightly and oil up slightly.

Overall looks like an upward bias early.

The markets are hovering around the neutral area. Certainly not oversold. Still in a cautious mode with day trades if they trigger to the long side. Watching R, PAYX and XLF for trades this morning

All is quiet on the home and foreign fronts. Not much has changed from yesterday. But, beware, market moving news on the political front is in stage com 5 right now:)

Not much else to comment on this morning and running a bit late.

Good Luck Today

If you want to follow some of my trades along with my thoughts typically given after the open you can go to @rickjswings. Typically I talk about the overall day expected with the markets and also give some levels on the ES and NQ for failed breakout scalping.

It’s my private twitter feed for the stock market and its free. Sports Handicapping is the subscription-based part of this site. But considering the cost of joining it’s almost free:)

Good Luck Today



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