Edges...............

As many of you know I like to have an edge. Without an edge you are flipping coins, gambling, chasing hype and a myriad of other names for trading without one. Edges are many and varied.
Chats with corporate pilots who talk to corporate CEO's, chats with accountants, employees, golf outings with senior salespeople, the list goes on and on and on. Sure it is nice to buy on the technicals and fundamentals and sell on the technicals. In nasty volatility though, it is that edge of how the business is running that can keep you in the name fundamentally. Of course, you need proper position-sizing and money management skills to ride out the rough patches.

One name that came to my attention today is a local name. Scientific Games. SGMS.

I like the look of today's trading action in SGMS. Volume wasn't through the roof for the last trading day of the quarter but buyers were in the hunt and selling dried up early in the day. Maybe you enjoy a relationship with somebody at the company. It might be worth a call to see how their business is going. The chart tells me they are hitting on a lot of cylinders.

I think it is worth a look. I don't own a single share.

Yet.