Uncertainty High Heading into September
Thursday saw the first triple-digit loss on the Dow for August and the market feels increasingly tired at these price levels. The overall market is poised to deliver its worst week in the last three months of trading.
One of the nice things about running a long/short portfolio is that there can be positive nuggets even on down days. One of my largest short positions, Salesforce.com (CRM), was down a couple of bucks in the regular session yesterday. More importantly, it delivered earnings and guidance that disappointed the Street....519 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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