James "Rev Shark" DePorre is the author of Invest Like a Shark: How a Deaf Guy With No Job and Limited Capital Made a Fortune Investing in the Stock Market. He is founder and CEO of Shark Asset Management, an investment management firm, and he also operates sharkinvesting.com, an interactive online community that serves and educates active investors.Expand

DePorre holds business and law degrees from the University of Michigan, is a member of the Michigan Bar Association and a former attorney and CPA. He lives in Anna Maria Island, Fla., and Conover, N.C., with his wife and three children. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks.Collapse

This trading approach limits emotions and risks.
Failure of health-care bill barely causes a ripple.
Broad strength and good tone mark action.
The health care debate isn't about health care. It is about leadership and deal making.
Another political issue holds Wall Street in limbo.
Until House votes on Obamacare repeal/replace, not much is going to happen.
At stake is whether the Republicans can work out their differences.
The Obamacare vote will be the catalyst for a move today, but whether there is a V-shaped recovery or a failed bounce is the question.
Vote on Obamacare repeal may serve as catalyst.
Emotion of yesterday's collapse is pretty much gone.

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