A miserable start for the market so far this week, but the dips in 2019 have only led to future buying. 

Today’s pullback coupled with Friday’s minor sell-off, feels similar to the four day pullback back on June 21st through the 26th of last month. If that is the case, it should lead to a respectable buying opportunity in the near future. 

The volume is light (TC2000’s volume buzz is at -53% which is crazy low), but that is a much better than a heavy volume sell-off. Basically put, there isn’t any panic in the sell-off today. Just a lack of interest to buy anything from those who made it back from the Hampton’s from last week’s July Fourth holiday. . 

I haven’t added anything to my portfolio since last Wednesday, which is a bit of a long stretch for me, but remember the market was closed on Thursday and Friday gave no real reason to be aggressive on the buy side. Today is shaping up to be much of the same too. 

I’m okay with not buying anything today if that’s what the market dictates. I’ll simply sit on my hands and wait for the market to take off again. 

Here’s the bullish watch-list:

bullish swing trading watch list 7 8 19

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