No surprise that this market keeps grinding higher. 

I mean, we have President Trump telling us every day it is going higher in his Daily Market Forecast, and the algos love him for it, triggering them into a buying frenzy each morning. The market is still stricken with low volume and at levels that should be considered anemic at best. 

I’m not aggressively long here and I don’t care to be. The market is extremely crowded here at the top, particularly with the retail investor dealing with its own case of FOMO (Fear Of Missing Out). 

Nonetheless, I’ve provided a new watch-list for the week to guide you. It is a snap shot of the one that I continuously update in the Splash Zone and provide trade setups in great detail off of. I have added one new long position today, and so far it is doing fine, breaking through some key resistance of its own, and setting up for a run at all-time highs, maybe you can guess which one it is from the list below. 

Still, you need to be careful in this market – just because the bulls are sitting at all-time highs, doesn’t preclude you from still managing the risk. If anything, history has taught us that things tend to get a bit more dicier for the market when trading at or above previous all-time highs, so stay vigilant in your stops and risk management.  

Take a look at the bullish watch-list: