Sunday, March 10, 2013

Market Continues Higher

The market continues to move higher. The DJI, DJT & RUT all made new all time high. The SP500 is less than 15 points from its all time high.

Although the market is trending up, there are stocks showing signs of fatigue. Cautions should be exercise on all new long positions, and apply trailing stops to protect unrealized profits.

Here is a video reviewing the market indices and some stocks for possible longs & shorts.



Click here to view the video if you do not see a video player on your screen.

Stocks covered in the video: aapl, goog, nflx, bidu, fcx, xom cvx, cop, oxy, joy, wft, ung, angi, p, grpn, rax, akam, ms, gs, tbt, tlt, kol, rig, mcp.

Disclosure: Long SPY PUT, AAPL CALL, UNG, TBT


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