It’s a new week, but indecision by the market seems to be prevailing. 

Despite the stocks still remaining at or near its all-time highs, I am still concerned that stock prices may start eroding well before the indices start to show that weakness. 

We saw that happen in September where prices were falling apart, particularly in the small caps well before the broader index ever showed any signs of it. If you disagree, just look at the percentage of stocks (T2108) that were trading above the 40-day moving average and how that percentage started dropping well before the index started its September sell-off. 

I’m not saying to get net-short at this point, just be aware of your surroundings. 

Here’s the bullish watch-list for the week:

 bullish watch-list 11-17-14

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