Night of the Hunter

Stories aside, the market is set for a reasonably lower open today, on the heels of yesterday's negative reversal; perhaps setting up set up some long-side entry opportunities.

Congress is meeting today to show they care how much you spend on energy. And the various Oil and Gas groups still dominate the list of highest ranked industry-groups in the market. This is a definite area to keep an eye on today should profit-taking erupt.

Solar stocks reversed hard yesterday, but they remain extended on the upside. I will likely take fresh shots long into CSIQ and JASO if they can correct >5%. That group too remains very-highly ranked.

The Love/Hate tattoos on each of my hands illustrate the story of the market today. Alternative and renewable energy is highly ranked, leading the market; sharing the spotlight with the oil uglies, which litter the market leader-board. These fingers are hardly warin' and a tuggin' as far as today's market is concerned, as Left-hand Hate is nowhere yet near down for the count.

There's still money to be made on both sides.

Current portfolio (by size, all longs): TITN, EXPD, CRZO, COH, MATK, TTES [no trades here yesterday]