Editor's Note:

I am suggesting that traders stay cautious. The major U.S. indices are still stuck in a trading range and both volume and volatility is narrowing. We will see a breakout either way eventually. Normally stocks and indices tend to breakout in the direction of the previous trend, which in this case is up but nothing is guaranteed.

The PremierInvestor newsletter is already heavily weighted toward bullish trades. Until we see more clarity I hesitate to add more to the newsletter but we'll keep looking in the weekend newsletter.