Being a Momentum Investor this is what I like to see and I benefit from the rising tide that lifts all ships.
However, I was reminded that it was essentially this high all the way back in 2000 …so a good reminder that we have no assurance that it will continue up or if it has simply once again reached a top.
I did take positions in CSC and GILD and they are off to what is hopefully a good start
What did I see in my weekend review?
The 10-yr Treasury yield is at 2.06, up once again
IBD (Investor Business Daily): Confirmed Up Trend
Moneys Flows: TrendingUp …in only one out of three portphlios
Currently my "Stocks for a Trade" now consists of:
(All gains or losses shown are the total since purchase)
ETF’s for a trade are:
What will I do?
The market is encouraging. I am looking at the Internationals EFA, perhaps a little late, but looking nonetheless
I hope you have a great week