Bullish investor sentiment is still obvious. Trading above the T-line makes that more apparent. The trading strategy remains the same, stay predominately long as long as each individual stock position does not show sell signals and a close below the T-line. More than likely, most bullish positions moving in a steady uptrend are showing to be in the over bought condition, so have safety stops in place. Investment decisions are demonstrating bullishness based upon economic factors versus impeachment factors.
January 16th Daily Market Comments
Bullish investor sentiment is still obvious. Trading above the T-line makes that more apparent. The trading strategy remains the same, stay predominately long as long as each individual stock position does not show sell signals and a close below the T-line. More than likely, most bullish positions moving in a steady uptrend are showing to be in the over bought condition, so have safety stops in place. Investment decisions are demonstrating bullishness based upon economic factors versus impeachment factors.