The market saw a pause and slight pull back this past week. The slight decline this past week can be attributed to a less than stellar jobs report. Additionally, there is also concern about global affairs related to North Korea and ongoing concerns about budget discussions. In light of this recent down week, it is important to exercise diligence with respect to current positions.
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: FOMC minutes (4/10), Initial claims (4/11) and PPI (4/12).
$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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