Unlike last Monday, the market is fairly calm heading towards the open. We have one report coming out at 8:30am ET, and that is the Personal Income and Outlays. Remember that all eyes are going to be focused on the employment number due out on Friday.
In case I forgot to mention it on Friday, I did pick up an additional position, a long one for a change, in Quanex (NX) and a stop-loss at 17.65.
Here’s Today’s Trade Setups.
LONG:San Juan Basin Royalty (SJT)
SHORT: Brooks-PRI Automation (BRKS)