Pre-Market 1/29/2013

Good Morning!

Earnings reports are continuing.  The vast majority are better than expected.

The rally continues despite futures being slightly down this AM.

The month is coming to an end, after spectacular market performance.

I am inclined to play it safe and not start anything new until after a few days into Feb. to see if profits get heavily harvested or if we just keep moving higher.

Stops are being tightened in my own portfolio.  Yesterday was a yellow flag for me.

 

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