The market does not seem to care that the technical analysts insist a correction must happen. Today was yet another really nice climb upwards in the markets.
If you have long positions, let them work and keep adjusting your stops so that if a correction does occur, you don’t give back your hard earned profits. I personally have been trading around some healthy core positions waiting for the market to roll over. It is a good way to pass the time and book some profits.
If you don’t have any money in the market, it is a scary time to be starting new positions, but there are still some very nice opportunities.
Members, check back later for a review of the market technical levels, and some stock/ETF chart reviews.