The stock market finally got a meaningful pullback this morning and now stocks are off of their lows. Names in our portfolio like TRN and EMC got a 1-2 percent pullback but are climbing back as we speak. It is almost too late to get in right here. Folks, this just shows how strong the…

I don’t want you guys to get excited about this market when there is nothing to do, at least until the S&P 500 surpasses its 3 year highs. Trust me, we are flushed with cash waiting for the chance to buy but must continue to be patient. We will not trade for the sake of…

Today we are taking no action. We are still waiting on a number of indicators to give the go ahead signals. We are currently looking at a neutral to modestly lower market in our opinion. See: “markets on the cusp” for a full synopsis. We will go play golf instead. Looking at the one day chart:…

Folks, we are at a major turning point in the markets and are not buying until we get further illumination. Here‘s why: The S&P 500 is at the top of its range. The dollar has bounced off major support but could end up rolling over (see: chart patterns- rollovers). We keep saying the market and…

Fridays always come as a difficult day for traders to find stocks to buy. Some traders close their stocks out for the week while others jockey for positions next week. Holding stocks through the weekend can be dangerous. One headline out of China or Europe could gap stocks down on Monday. There are a lot…

I always wanted to buy Monster near its old highs. It just seemed like it would go up forever. I mean, I remember the days when monster (mnst) energy drinks used to be handed-out by the truckload free as promotionals. Now they’re everywhere. It is actually owned by Hansen natural who changed their name to…