Take Profits Into Strength

We've been adding to our bullish swing trades for two months. Do not add! This is a time to start scaling out of your positions.

PRE-OPEN MARKET COMMENTS THURSDAY - As expected, the market is floating higher on light volume. The economic backdrop is solid and the Fed is dovish. We are in a period of seasonal strength and there aren't any sellers. Even small buy orders can push the market higher. So why are we taking profits?

Daily Bulletin Continues...