Wednesday, June 18, 2014

Market Direction Mid Week Update



The bulls are winning in the stock market.  Stocks seem poised to move higher after the Federal Reserve's latest policy announcement today. This recent bearish call has not worked and looks more like a head fake. Be on the lookout for a stock market direction change alert, if this rally continues. The lows since our recommendation on (5/8/2014) to go SHORT this is how the markets have performed:

Stock Market Direction Recommendation (5/8/2014)
Dow
down 209.67 points a 0.83% gain
5/20/14
Nasdaq
down 30.26 points a 0.75% gain
5/9/14
S&P 500
down 13.27 points a 0.71% gain
5/15/14

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