Tim Kelleher: RIG MEE BP MWA PAY RDN SCHW SLV
SLV closing strong on a 60 day daily breakout
MEE MWA RDN SCHW all week daily's, weaker than the intra day market....Looking to enter short if new lows trigger
PAY is very strong, daily breakout, significant R/S
RIG near lows, storms brewing
Ken S from FL: Tropical Depression 7 has formed over 400 miles west of the Cape Verde Islands. This system seems destined to become a tropical storm and then a hurricane over the next couple of days.It is bringing
Ken S from FL: An area of showers and thunderstorms over the Gulf of Mexico was associated with an old frontal boundary. There appears to be a weak area of low pressure forming along the western edge of the shower area south of central Louisiana and east of southern Texas.
Ken S from FL: This low should track toward the Texas coast through Thursday, but is not expected to develop at this time.