The Pros close the market, and if that is so, they are still not in the mood to put serious money at risk. Check out the following video.
Not much to add, just wait for the market to provide the tailwind you need for higher prices in your stocks. We are not there yet.
Keep out until the bottom is hit. Check back and I will tell you when I think that may be.
Enjoy your evening!
The overall market may be at an excellent buy point if we see follow through buying early next week. Consider the charts reviewed on the below video for possible additions to your portfolios.
A case can be made based on the charts for a bullish week ahead, but there are reasons to consider looking for confirmation of that belief, before going all in.
Take a look:
Check out my take on what will happen next:
Nice bounce today. Holding my core positions, and added to some today including SBUX, BX, KORS, SWHC.
Look at the charts from yesterday. I think we keep sliding for a while with the occasional bounce until we bottom.
I am keeping a good reserve of cash on the sidelines to load up more on working stocks/ETF’s when the bottom proves solid.