I’ll never trade this market with blind confidence, but the blindness of traders for now, keep this market soaring higher. And that makes it to where the only option is to trade this market from the long side.
A glimmer of hope quickly gone for the bears. The bulls have bounced back pretty well today. It is an impressive day for sure and if things hold up, they will be establishing new all-time closing highs.
It has been decades since we have seen a start to a new year this strong. How long a rally of this size and of this proportion can last, is unbeknownst to me! What I do know, is that you have to keep trading it until the trend ends. Until there is a shift in
The bulls are in full control. Until then, shorting the market serves little to no puprose. While I’ll still continue to post these lists of short setups, shorting these stocks or the market as a whole would not be considered the path of least resistance.
The Bulls are still rockin’ the stock market in the New Year. The bulls have yet to see a single day in the red so far. There is so much green across the board, that the market is once again, becoming very easy.
The shrinking list of stocks to short There will be more to come in the weeks and months that follow, and at various points throughout the year, the list will certainly be bigger than the one below, but with the market back in rally mode over the last two days, the list has shrunk considerably.
Bulls are off to a solid start for 2018 with a solid rally. Not a major rally, but considering the sell-off that concluded 2017, there was some pause among traders as to whether the selling would carry over into the new year.
Today was considered the start to the infamous Santa Rally for the stock market. Let’s just say, that the start came and went, and nothing significant really materialized.
The infamous, Wall Street “Santa-Rally” commences tomorrow, and lasts through the first two trading sessions of the new year. It isn’t fool proof, but history, has dubbed this one of the more bullish periods of trading for the stock market.
I don’t typically put the trades that I make in the Splash Zone for the public to see on the same day, but I’m feeling that Christmas spririt today, and thought I’d share.