Tuesday, January 24

Today markets recovered strongly from yesterday’s slip, with our shares of Coty Inc (COTY) crossing the $19.00 for the first time in months and pushing them very close to our target price. If tomorrow is even a mild market day it is possible we will see conditions that will allow us to close that position.

The energy sector rallied as well after yesterday’s record rig count increase gave way to increased speculation about a cold February – NYLD/A and PEGI both gained back what they lost yesterday and more, though natural gas commodity prices gained back much less.

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