Monday Morning Thread

Gator's Chart of the Day: TSCO

The lousy employment number reported Friday has whacked the futures but as I write this (Sunday night) we are seeing markets around the globe stabilizing.  We should see a gap down open but I am looking for opportunities to buy on a bounce.

TSCO has been stair stepping higher all year and we will see if it can hold the most recent move.  If it does I think it's still a buy.   Farmers got great prices for last year's crop and Tractor Supply is where they spend a lot of cash.  Retail has been surprisingly strong and I think TSCO will continue higher into earnings. 

I have no position bu I'll be looking for a pullback and then buy the bounce.