Tuesday, April 5, 2011

State of the Stock Market - 4/5/11 - "Breadth Streak Continues, But Lots of Nice Charts"

I was very busy today and couldn't write a post, so here's a quick video.   The positive breadth streak is now at fourteen days and I continue to believe we are going to see either a shakeout session or a two to three day pullback, but there are enough nice charts out there that the whole streak may not matter. 

In the video, I go over stocks that have consolidated a bit here and that I would consider at this point.  Ideally, I would rather wait but how often do we get what we want in the market. Good luck Wednesday.

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