It’s Coming

The market continues its move to never seen before levels.  New record highs on top of new record highs.

If the recent trading action mimics previous action, the market is setting up for another move to the upside.  That almost feels like stating the obvious.   But not everyone feels the same way.  And frankly that's one reason why this market continues its ascent to never seen before heights.

The VIX continues its trend lower, with lower highs and lower lows:


I continue to see a lot more talk about how inflated prices are than about this market going higher.   The same chatter was around last year, and the previous year, and despite the headwinds the market continued to move higher.

The VIX continues to show a market that has very little concern about potential headwinds



This morning $BABA is ripping $17+ to another record high.

A great call in our chat room earlier this week about the investor meeting.

and about the move to $140

There will be plenty more of these sharp upside moves as this bull market continues to mature.

Known to most as Uranium Pinto Beans, Jason has more than 15 years under his belt of trading stocks, options and currencies. His expertise primarily lies in chart analysis, and he has a strong eye for undervalued stock. Because he’s got the ability to identify great risk/reward trades he usually enjoys taking the path less traveled and reaping the benefits from the adventure.

He is a co-founder of Option Millionaires, and he is best known for his weekly webinars with Scott, as well as his high level training webinars and charts found in the forums.

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