As I mentioned last week, the main indices have ‘grinded’ upwards with the S&P and Dow reaching for new highs.
At the same time there are very few bullish flag patterns around, considerably outnumbered by bearish flags.
Several stocks to take a look at today and a reminder that it’s a good idea to follow me on Twitter (@GuyKCohen) for more immediated updates.
The financial stocks are still struggling, earnings season is just about over, and lots is going on here that I’ll be mentioning soon, so keep alert to my emails.