Today we saw much better action than we have seen for a long time, with stocks behaving well -- including some breakouts.
More basing action is fine, we just have to be patient and wait for buy points to come.
Markets and stocks were very weak and choppy and didn’t give us any easy trades this past week.
The market aside, we must realize what we have truly is priceless.
Another day with really nothing going on at all.
We’ve had some poor days this summer, but today has to take the cake.
We are coming off oversold levels, so who know if this is a bounce or something more sustainable.
Last week I saw gains disappear, as I was relatively heavy in stocks that gapped down. With earnings season really ramping up, we should get some great moves this week.
Here's what the charts tell us about investing in AutoZone and TRW Automotive.
I'm not so sure it's yet time to try dip buys -- but with earnings really ramping up next week, we should get some good buy points.