Market On Close, Tuesday 8 October

DISCLAIMER: This note is intended for US recipients only and, in particular, is not directed at, nor intended to be relied upon by any UK recipients. Any information or analysis in this note is not an offer to sell or the solicitation of an offer to buy any securities. Nothing in this note is intended to be investment advice and nor should it be relied upon to make investment decisions. Cestrian Capital Research, Inc., its employees, agents or affiliates, including the author of this note, or related persons, may have a position in any stocks, security, or financial instrument referenced in this note. Any opinions, analyses, or probabilities expressed in this note are those of the author as of the note's date of publication and are subject to change without notice. Companies referenced in this note or their employees or affiliates may be customers of Cestrian Capital Research, Inc. Cestrian Capital Research, Inc. values both its independence and transparency and does not believe that this presents a material potential conflict of interest or impacts the content of its research or publications.

Bull!

by Alex King, CEO, Cestrian Capital Research, Inc

Most everything was up today, except the various promoted China ETFs and oil. Oh and the Vix, which dropped some but not that much. Which tells you that there is still plenty of demand for S&P500 puts, which tells you that plenty of folks are still cautious.

Personally I banked my 10-unit position in $USO for a little over 9% gains; as usual the buy- and sell-orders - and the moving-up of stops - were posted ahead of time for our Inner Circle members in real-time alerts. Oil hit a short-term technical high today and then sold off.

Let's take a look to see if the green in equities looks sustainable or not.

Short- And Medium-Term Market Analysis

Don’t forget - if you’ve yet to try our subscription services - you can try our entry-level Market Insight service with a 7-day free trial. Just click here.