TraderWise

The market rallied nicely yesterday, but volume was again quite low. That's how it often is in August, as traders and portfolio managers get their summer vacations in prior to September, when things kick into high gear again.

Target (TGT) and Deere (DE) both reported earnings this morning, and both earnings reports were good. But TGT stock is higher while DE is lower. Of course, DE has had a much bigger rally, so this is likely just profit taking. I hope that DE pulls back more, as I view it as an attractive play on the ag cycle.