The Bulls Continue to Run
Last night we locked in our gains from trading QQQ. This makes 18 consecutive winning trades in 2013 for the Daily Battle Plan Model Portfolio and 25 consecutive winning trades going back to September 2012.
The markets globally are trading at two ends of the spectrum with a few uptrending Country Fund ETFs showing buying signals and others showing extremely overbought conditions.
I’d prefer to see this type of behavior because it signifies lower global market correlation; a further sign that a bull market is intact and continuing to run. Overall July has been quite a month in the US and I’d expect a short-term pause here but longer-term, this bull market remains firmly intact.
Making You a Better Trader
To improve, you must continuously learn…