All in all, markets and stocks are acting great!
When things turn good, it happens quick. Be ready.
Biotech and healthcare remain the place to be.
Leading stocks and indexes are acting much better, and moves are working.
I’m still using relatively small positions to really gauge the market and so far so good.
August is generally a very slow month and the charts aren't saying otherwise this year.
In the meantime, we wait.
Guess what I’m going to say today. That's right. Chop.
Why put money at risk when it is too dangerous to do so?
The S&P 500, Nasdaq and Russell 2000 had a decent bounce today right on schedule, after being very oversold and seeing a doji bar print Friday.