Like the Energizer Bunny the market just keeps going and going and going. I seriously doubt anyone is complaining and shorts are continually forced to cover and re-short at a higher level. Eventually we are going to have a pause to consolidate or worse. Q1 earnings forecasts declined to only +0.3% today and will likely be negative by the end of the week. Investors may be too focused on the China trade summit in two weeks but eventually they will wake up to negative earnings and the market will react accordingly. Keep those stop losses in place.
New positions are only added on Wednesday and Saturday except in special circumstances.
NEW DIRECTIONAL CALL PLAYS
No New Bullish Plays
NEW DIRECTIONAL PUT PLAYS
No New Bearish Plays