I don’t often do a mid week update unless something is worth sharing.
Good news, bad news…there is nothing going on in stock market land considering there is a lot of worldwide saber rattling.
Continue to hold all open positions.
We are in Encinitas (North County San Diego) this week hanging out at the beach.
If you like fried chicken and are in San Diego you must go to The Crack Shack in Little Italy. The best fried chicken I have ever had. They just opened a second location in Encinitas. The food is awesome!
Well, there is one thing worth sharing in stock market land.
One of our open recommendations, POST, got hit on Tuesday after announcing that Bright Foods has agreed to sell Weetabix to Post Holdings for $1.76B.
Post Holdings Inc (POST) daily
We are still up almost 16% from November and only off about 3% from the recent high. We might have to harvest gains soon.
I’ll take fried chicken over cereal every time.
Trade Smart,
Don