Here we are at the halfway point for the year …
Earnings is just two weeks away and this recent news-driven market is potentially on the cusp of making its mind up to reach for new highs.
Now, we do live in slightly curious times where even one sniff of news can impact the market instantly, but from what I can see, this market is factoring in a positive outcome to the US-China trade talks, and this is also reflected in the OVI over a number of metrics.
Famous last words perhaps but as ever we’ll only trade what we see, and only trade the breakouts.
Early last week I highlighted a number of stocks and virtually none of them broke out. So do pay serious attention to my EDGE trading plan.
More progress on the websites … the video will explain more.
By for now.