Four Reasons Why the Market Is Peaking Right Now, and What to Do

NEW YORK (TheStreet) -- Today I will share with you four reasons why the market is reaching the top and two simple things you can do to improve your investing results by applying them right now. They're not complicated or difficult, or at least they shouldn't be. They're the same strategies market makers have used since the beginning of the exchanges and continue to use today.

To begin, let's examine the current market landscape we find ourselves. The Dow Jones Industrial average is near the cusp of 17,000. The Dow Jones (DIA) is widely followed by retail traders, so I'm referencing it, but most professionals gauge the market using the S&P 500. In particular, I follow the S&P 500 through the SPDR S&P 500 ETF (SPY).

The SPY is on the verge of plateauing, and it's time to take profits off the table. The market continuously cycles through 13 distinct emotions and I believe we are entering the euphoria stage. It's a market stage where investors firmly think the market will appreciate forever. Here's why you want to remain cautious when others have no fear.

Priceline Seeks to Drive Growth With New Luxury Car-Rental Service

10 Cars That Retain Their Resale Value After 5 Years

Goldman Women Say They Make Less Than Men Who Frequent Strip Clubs, Call Them 'Bimbos'

Will Public Displays of Arrogance From Pandora Executives Kill the Company?

If you liked this article you might like

Robots Might Be Biggest Obstacle for Stock Market Bears

This Simple Indicator Is Hinting at an Imminent Stock Market Plunge

Investors Waiting for Disaster?

Don't Rely on Old Dow Theory Alone When it Comes to These Sectors

This Pullback Is a Perfect Buying Opportunity