September Outlook

So as we come off the Labor Day weekend and enter September trading, what's the outlook?

Well, September is historically the worst month for stocks. This is somewhat counterbalanced by the fact that we're in year three of the Presidential cycle, which tends to be positive. Overall though, we expect to see plenty of volatility in September, so we'll be strongly defensive for the month.

That being said, if we do see opportunities to the long side some of the stocks we'll be looking at will be CVR Energy (CVI), HollyFrontier Corp (HFC), Melco Crown Entertainment (MPEL), and MineFinders Corp. (MFN). Happy trading!