$tockMarketDirection still maintains a bullish posture. The market continues to move higher amidst positive economic news both in the US and abroad. Much of the bullishness is due to an improving economy. It seems the market has cast aside concerns regarding the timing of feds scaling back stimulus.
Reports this week include: FOMC minutes (7/10), Initial Claims (7/11) and PPI (7/12).
$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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