So we’ve gotten the update on the data, and unemployment data was bullish, while the housing data was bearish. Futures point to a mildly bullish open, and we also have data 30 minutes into the open. If we remain in this range of 5-7 points up on the open, that usually means we will close that gap at some point during the day, and that may very well signify the end to this bullish run. If that doesn’t happen and we continue to climb, later on we will assess where we are relative to our exit and will update you on our thinking.
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Mario Randholm Blog. Mario is the founder of Randholm & Co. S.A.C., an investment management company dedicated to producing superior returns for its clients and employees by adhering to mathematical and statistical methods.