The market pulled back slightly last week. It might feel worst than it seems, since there are many days with triple digits intraday loss ended with a modest loss. This type of price action might give us some false sense of security. But, the trend is still pointing up, so until the market tell us otherwise, continue to trade the current trend.
The stocks being covered in the video are: AAPL GOOG AMZN NFLX IBM GS MS BAC JPM FSLR SCTY TJX RL TIF MGM LVS WYNN WFT SLB CHK PXD UPL EOG CLF P LNKD TRLA Z FB
Many of these stocks are still riding on their rising trend, and it is a characteristic of a market that is trying to lure the 'all in' mentality to set up the climatic top. Until there is a massive rush to get in the market by the herd, continue to pick the strong/leading stocks in the sectors that are moving and trade them cautiously.
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Disclosure: long FB & TRLA
