Look out and a trade..

9am EST Today will start as a rally that should sucker people in and I wouldn't be surprised to see us end the day lower. "Not as bad news" is not the same as "good news" and the market is simply pricing this in. Again, there is nothing wrong with a pullback after the run we have had, but it is important to be aware that we should head lower. The higher we go without a pullback, the more cautious I become. Of course, profits on the long side are nice but I would like to see the equilibrium come back to the markets.

The trade to look at today is Lamar Advertising (LAMR). We saw it go higher in the face of a weak market yesterday and it broke strongly above it's 200 day moving average. The chart is very bullish in my opinion. I would look to buy and place a stop just below the 200 day MA. This one should be easy money in my opinion. I think it can rise in the face of a market in correction, but be aware. If we have a large correction, the rally attempt on this stock can get hammered down. Stay aware, and until next time, stay low risk..