The Market Has Turned

July 4^th Weekend so this will be brief, but the Market appears to have turned. Last week I “sensed” that the market was turning. I try not to act on these senses at this point, but it has turned. Let’s hope it continues

So what did I see in my weekend review?

IBD (Investor Business Daily) now indicates in their Current Outlook as: Uptrend Resumes.

Copernicus is a little mixed, but is showing long… in my interpretation.

Energy and Financials do not look good, but HHH (internet related) looks good and so does XLV (healthcare) and IBB (biotech)… I will be diving into all of these at least for initial positions 

I think it is time to step out of gold and will close the short position taken in SH

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

None held at this time, will be looking at this more as time allows ...if the upward trend continues

ETF's for a trade are:

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

GLD +1.46% gain, will sell on Tuesday

SH  -5.30% Ouch! It seems this always happens when I go short, but it is insurance and thankfully only a 1/3 position was taken

Normal ETF's:

None held at this time, but will be diving into HHH,  XLV,  and IBB 

Have a great week.