November 18, 2019 8:21am

I say remember “Humpty Dumpty sat on a wall …” started out as a riddle

I’ve decided pinprick raids on my holdings’ upside are protection as I ask: does a riddle have significance to become part of a reality?

MY pre-open indications: SELL into strength

RMi outlines the potential prelude to the daily dosage of facts and objectivity!


 

My version of the morning’s numbers is written to be informative than just about changes to fundamentals; it’s what happened or will beyond the headline – which are?

 

Dow futures are UP +0.00% (+1 points), S&P futures are DOWN -0.02 points) NASDAQ utures are DOWN -0.04% (-5 points)

 

U.S. stock index futures were higher Monday morning;

European stocks traded mixed amid ongoing focus on developments in U.S.-China trade talk while U.K., political leaders are preparing to pitch their election manifestos to business leaders gathered at the Confederation of British Industry conference in London. Prime Minister Boris Johnson will again pledge to end Brexit uncertainty that has blighted the country’s business environment since the EU referendum in June 2016 as the pan-European Stoxx 600 edged +0.1% higher by late morning;

Asia Pacific stocks were mostly higher on Monday as investors looked for further developments on U.S.-China trade. The moves came amid ongoing turmoil in Hong Kong, as the embattled city continues to be rocked by civil unrest that has now lasted for months;

 

Data Docket: business leader’s survey figures out at 8:30 a.m. ET, the National Association of Home Builders survey is due at 10 a.m.

 

Henry’omics:

Market players remain focused on U.S.-China trade talks. The Dow topped 28,000 for the first time ever on Friday after White House economic advisor Larry Kudlow said China and the U.S. were getting close to reaching a trade deal.

On Saturday, Chinese state media said the two sides had “constructive talks” on trade that included Vice Premier Liu He, U.S. trade representative Robert Lighthizer, and Treasury Secretary Steven Mnuchin <CNBC>.

 

I hope to “take” what’s monies on the table, depending on my “cards” and the bets; I have made to initiate ANY downside here or coming!!

 

Friday night’s newsletter heading: “indexes made fresh new highs as “our” universe got high on increasing value; no easy riding but, the sector finally got a whiff of appreciation having exhaled.”

  • The NASDAQ closed UP +45.37 points (+0.54%);
  • The IBB closed up +1.50% while the XBI closed up +1.34%;
  • The close was positive with an A/D line of 26/13, 3 flats, 1 reversed merged (HSGX) and 2 acquired;
  • The range of the 26 upside was +0.12% (BOLD) to +13.75% (ONVO) while the  13 downside ranged from -0.48% (SGMO) to -4.45% (VSTM);
  • 8 out of the 26 upside had higher than the 3 month average volume;
  • 7 out of the 13 downside had higher than the 3 month average volume;

 

Review the context of Q4’s market – so far:

  • November has registered 5 positive and 6 negative close;
  • October registered 10 positive, 1 neutral and 14 negative closes;

 

Companies in my headlights – It’s your decision; I provide an idea and context:

*** I’m looking at SELLING into highs to capture a bigger cash position depending on my entry points:

 

 

Opinions expressed are those of the author and are subject to change, and not intended to be a forecast of future events, a guarantee of future results, nor investment advice.

Whether information or intelligence is good, bad or somewhere in between; I put into context what is relevant and useful for investors.  All investments are subject to risks. Investors should consider investment objectives.

Henry McCusker, the editor and publisher of RegMed Investors does not hold or have positions in securities referred to in this publication.