S&P 500's Bull Flag Breakout Failure Doesn't Spell Disaster Yet
"A lot of people get so enmeshed in the markets that they lose their perspective. Working longer does not necessarily equate with working smarter. In fact, sometimes is the other way around." -- Martin Schwartz, in Pit Bull
NEW YORK (TheStreet) -- Today we saw another slow day for markets, as traders trickle back after a long weekend. It was a definite rest day for markets and stocks -- and even a bit of weakness -- but not anything that is showing a breakdown yet.
The leading stocks subscribers and I are in are just setting up continuation patterns which should take the stocks higher any day now. Markets also remain poised for higher prices, although at a slower pace than the stocks I'm in.
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