It appears Tuesday's exhaustion has left a mark, leaving the market vulnerable to a letdown...
Yesterday's stabilization brought no follow-through today. In fact today's stumble lower produced no positive indication of technical strength presaging a reaction back up. The last half hour: possibly positioning for a positive April employment surprise, which by the looks of things will not materialize. Tomorrow is shaping up to be nasty.
* * * * *
© The Risk Averse Alert — Advocating a patient, disciplined approach to stock market investing. Overriding objective is limiting financial risk. Minimizing investment capital loss is a priority.
Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.
Nothing is set in stone. Nor is the stock market's path of least resistance always known. More often than not, there are no stock index option positions recommended.
There's an easy way to boost your investment discipline...
Get Real-Time Trade Notification!