$tockMarketDirection still maintains a bullish posture but we issued an ALERT advising followers to take profits due to the recent pullback. This past week the market finished down over two percent. There may be additional volatility in the week to come. The volatility and pullback this past week was in part caused by the Feds indicating it will be reducing stimulus.
Reports this week include: Durable orders and new home sales (6/25), GDP (6/26) and initial claims and personal income (6/27).
$tockMarketDirection is in 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 bullish posture. Cha-ching.
$tockMarketDirection is in 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 bullish posture. Cha-ching.
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