Pre-Market Thursday 12/27/2012

Good Morning!

Futures are higher this morning (http://money.cnn.com/data/premarket/), but with volume certain to be low as we move through the Holiday week, I am inclined to just watch and protect existing positions with smart stop losses.

If EBAY does not bounce today, I may sell the 1/4 position in the model portfolio and move to hold only 1/4 position in HTZ and the full position in the SPY.

I don’t think it is a wise move in terms of risk management to chase any stocks if the SPY is running out of energy.

Check back later.

 

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