Tuesday, August 26, 2014

Market Dashboard - little change

 Another move higher for the day on the markets.  Interestingly, the SPY only moved up .06% while the small caps climbed .9%.  Really, not much change to speak of.  If I were to draw an analogy of the market to a spring, it would be a spring that has become fully extended, and maybe a bit beyond that.  For that reason, investors would be wise to position themselves so that profits could be taken if individual investing targets are met.  One technique would be to add a trailing stop to index ETFs so that profits could continue to grow and downside protection is maintained.


More info on Elliot Wave Theory.. Elvis, click here.

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