The Market May Be Changing

The rally on Friday was encouraging and some things are looking good. However Europe and its distractions are still available to rapidly influence in a negative fashion so its still a good time to be cautious. But then it’s always good to be cautious isn’t it? 

I did finally sell both SH and SDS. Fortunately I was able to take Supreme Court ruling that lead to a drop and sold mid-day. This seems to have been quickly forgotten…or perhaps better understood and up we went on Friday

So what did I see in my weekend review?

The 10-yr Treasury yield is now at 1.578, now down a little

IBD (Investor Business Daily) now has changed once again, now to: Confirmed Up Trend 

Copernicus Systems: Is still short and mixed but I see a rise of indicators

Moneys Flows are up in 3/3 portfolios and now fully in agreement with portfolios prices also up 3/3 price.

IBD 50 Top Five: 

QCOR, SXCI, ALXN, GNC, LQDT

Last Week:

QCOR, SXCI, ALXN, GNC, SWI

Copernicus Top Stocks are:

ARBA, BIIB, EBAY, VRSN, DIS

Last Week:

ARBA, EBAY, BIIB, DIS, WMT

 Currently my "Stocks for a Trade" now consists of:

None at this time

 IBD 50 Basket Holdings Are:

None at this time

 ETF’s for a trade are:

(All gains or losses shown are the total since purchase)

GLD (3) buys for -5.96% Still down but recovering a little this week

What will I do?

Looking at BIIB, VRSN and QCOR

I hope you have a great week.