This upcoming week I’m only going to be trading on the things that I’m confident in and that I know have potential. Volatility is something we can be certain of, and John discussed this earlier – the signals we look at in the options market are suggesting that there could be some roughness ahead. One bright spot is Advanced Autoparts, who will be reporting their earnings on Tuesday, and we anticipate they’ll exceed the projections. People might ask why – well, the availability of used car parts is low, with only a 13-day supply year-over-year. Though there was a hint of dropping used car prices, January’s wholesale rates for used cars were up 2.5%.
