Friday Morning Market Video - $SPY $IWM $GOOGL $AAPL $TLT $VXX
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Waving The White Flag- Has The Market Finally Topped?
After 5+ years of an amazing bull market, with stocks soaring to record highs, this weeks action, from a technical perspective, could be marking the top. As 2014 progressed we've seen many bears, after miraculously navigating the biggest bull market of our lifetime, throwing in the towel. That in itself should raise the eye brows of market participants.
Friday Morning Reads – 10/10/14
Stock futures are sharply lower on the last trading day of the week. Yesterdays nasty snap back reversal continued the schizophrenic theme of the market as it works down from record high prices.
Let's see if the market can muster some support as earnings kick off in earnest next week.
Here is what I am reading today:
How You Can Average Up 5 Times On A Losing Position and Win!
Yesterday was a great day for the bulls. Markets rallied, the dollar fell, all was good. But those resident bears, the same one's who told you at the start of last year to sell, who said this market wouldn't move higher, they remain adamant about downside. It's coming. Here is the top. Sell stocks! Why I sold stocks here.