(Still) Waiting For An Entry
Unfortunately nothing has changed from last week. The market is still overbought and way overdue for a correction. We do not want to chase this move and open new long-term positions. If we can exercise some patience we should get a much better entry point on a pull back. The question is will it happen now or will the correction be postponed until after the first quarter ends on March 31st?
I added three new candidates to the watch list all with a buy-the-dip entry point.