[Weekend Summary]
Dear Member:
The markets haven't been too exciting to me for a while, hovering near resistances. I did send an alert on Autodesk (ADSK) and it hasn't moved up. It still is in my hold range, but is definitely on probation.
I bought Nuveen Senior Income Fund (NSL) which trades as a stock. I found an entry I liked on a bounce off the trend line and it has moved up slightly from there. I like this as an income play since it pays dividends monthly at a current 8% annual rate.
In my view, oil and interest rates have the markets in a dither. Caution continues to be the watchword and without some bullish overall indications, I don't intend to rush into anything unless it looks awfully good.
Have a great weekend.
Bill
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