Market Direction: BULLISH alert issued 11/23/2012
The market continues to rise on the back of positive news. Last week saw continued increases across all indices with the market taking a slight pause on Friday. Earnings news this week has the potential to influence the market one way or the other.
Blogger/followers are encouraged to monitor positions closely and to consider taking some profits off the table. Additionally, you are encouraged to monitor $tockMarketDirection for Alerts advising of a change in market posture.
Reports this week include: CPI (4/16) and Initial claims (4/18).
$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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