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Sleepy Hollow

By

Fare ye well.

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The flickering ticks have picked up in pace as the gorillas begin to do their thang. As discussed, we've begun to see sizable prints in ETF land and, after yesterday's jam job, Snapper is on everyone's radar. This, of course, leads to the natural question: is this live or just some hand jive?

I've already seen the "climb aboards" jump on and while I'm unsure if this will stick, I've been manicuring my risk profile (both ways) heading into tonight's earnings. The earlier appendage try is basically a push and, as I'm slimming down into the bell, I want my posture to reflect that bias. I'm goin' home naked (sans costume) and I'll play a fresh nine tomorrow. Why not keep the lone leg in? The tone, a handful of constructive charts (BBH, financials) and the uncertainty of earnings. Discipline over conviction.

I'm gonna scoot so I get this to you in a timely fashion. I sincerely hope you all had a profitable day and, if not, that you've got the balance to keep it in perspective. Just remember, tomorrow is promised to nobody.

Have a peaceful night.
No positions in stocks mentioned.

Todd Harrison is the founder and Chief Executive Officer of Minyanville. Prior to his current role, Mr. Harrison was President and head trader at a $400 million dollar New York-based hedge fund. Todd welcomes your comments and/or feedback at todd@minyanville.com.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

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