It looks like the Path of Least Resistance Now Up!
The U.S. markets have soared more than 10% in the last two weeks. Stocks are way overbought. It would be foolish to launch new bullish positions now. However, the trend has definitely changed. The S&P 500's breakout over the 950 region is very positive. Now is the time to take advantage of a correction. The trick is picking an entry point as we don't know how shallow or deep any pull back might be. There is a lot of money on the sidelines and money managers are chasing performance.
We're updating entry points on our watch list and adding new candidates with buy-the-dip triggers.