Editor's Note

The Russell posted a decent decline after a 13-day streak. We were due for a stronger bout of profit taking after three weeks of gain on the major averages. Friday's mediocre decline at the close may not have been enough to pacify those investors looking for a real buying opportunity. Goldman's earning on 2019 earnings knocked 226 points off the Dow and the open and we still rebounded more than 50% of the loss. The market is still bullish until a real decline appears and last for more than a couple hours.


New positions are only added on Wednesday and Saturday except in special circumstances.


No New Bullish Plays


No New Bearish Plays