Traders are being cautious as they nibble at the stock cheese. Stocks look appetizing after the market correction but traders are being cautious because they know if they take too big of a bite the trap could slam shut and markets head back to retest the lows.
Stocks appear too enticing and that is always questionable. If something appears too good to be true, it normally is. Until the Russell moves over 1,508 the moves could continue to be minimal. That is ok since slow and steady wins the long-term race.
Starting in February, new positions are only added on Wednesday and Saturday except in special circumstances.
NEW BULLISH Plays
No New Bullish Plays
NEW BEARISH Plays
No New Bearish Plays