Market Direction: BULLISH alert issued 11/23/2012
The market demonstrated a modest pullback this past week. Still no resolution exists on the financial cliff issues. Efforts in congress this week will hopefully bring resolution one way or the other so the market can respond accordingly. Blogger/followers should be aware a recent ALERT was sent out advising that it may be prudent to lock in some profits.
Economic reports this week include: Housing starts and building permits (12/19) and initial claims and existing home sales (12/20).
Economic reports this week include: Housing starts and building permits (12/19) and initial claims and existing home sales (12/20).
$tockMarketDirection maintains a Bullish Posture. We strongly encourage our many bloggers/followers to monitor positions closely, exercise proper money management strategies and to monitor $tockMarketDirection for ALERTS that we may issue advising of a change in our current bearish posture. Cha-ching.
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