What A Difference One Week Makes; Leading Stocks Signal That There May Be More Work To Do
There is no doubt that I am suffering my WORST Multiple Sclerosis attack to date. Since Saturday I have basically been bed ridden and RIGHT OFF THE BAT I want to apologies if any of this is a little hard to follow because I feel like trash. I am not sure if this will effect what I am about to write but do me a favor and do NOT bust my balls if I misplace a word or misspell a word.
A very Boring Session Ends With The Market Higher But On Lower Volume
Nasty Day Ends With All Indexes Suffering A Distribution Day; Day Six For DJIA And SP 500 Officially Puts The Rally Under Pressu
For those that do not know what that means, it means that it is time to raise cash by selling down some of our longs. We recently have gone long quite a few stocks that have performed very well. Some of you made the right decision and took a lot of profits when some were up 20% to 50%. That was very smart.
Was It Really That Bad? Nassy Falls On Lower Volume And NYSE Volume Rises But Remains Below Average
Lower Volume Selloff Hits Stocks As NYSE Volume Is Still Below Average; DRYS, EXM, and DSX All Put In Nasty Intraday Reversals
One thing that I do not hear a lot about but that is very clear to me is that stocks that are leading ARE REALLY leading. That can be seen especially when it comes to the amount of stocks that are hitting new 52-week highs. About a couple months ago things started to slowly change when new 52-week lows stopped expanding at the pace they were.