November 14th Daily Market Comments

Today’s mild selling does not show any change of investor sentiment. The indexes continue to trade above the T-line. The lack of any substantial direction in the market indexes provide a trading atmosphere that allows each individual stock chart to be the primary analytical factor. Stay predominantly long but have safety stop’s in place. When the market indexes start moving lethargically sideways, it becomes susceptible any good news or bad news to move the indexes one way or the other.