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  • Leaders Reverse Off Lows

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    0NDQC

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    - Nasdaq Composite
    Obviously, today was a tough morning. The market uptrend is currently under pressure, with five distribution days on the S&P500 and four on the Nasdaq. Due to the market pressure, we are adjusting our risk by decreasing our exposure. Significantly...
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  • Master the Market Webinar Follow Up

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    0NDQC

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    - Nasdaq Composite
    It is always nerve-wracking when you get one bad reversal day off the top, since most market tops occur that way. However, today’s market action is very constructive. After yesterday’s higher-volume reversal day, our expectation was for the...
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  • The Market is at Highs, Now What?

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    0NDQC

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    - Nasdaq Composite
    I’m not overly bullish or bearish at this point; however, I have been slowly and methodically moving into positions since the follow-through day on 5/27/2014, by being focused on the proper entry points on the chart. Not only has the market been...
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  • Earnings Reactions and Market Impact

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    - Gilead Sciences Inc
    We are watching GILD to help with our general market directional analysis. Yesterday GILD crushed all earnings estimates. One would expect the stock to be up 5% to 10%. There are several more high profile growth companies due to report this week and next...
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  • General Market Action

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    0NDQC

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    - Nasdaq Composite
    The market is in correction. There is a clear divergence between the Nasdaq, the index we focus on, and the S&P500, as investors have shifted away from growth stocks. Not only is the Nasdaq below its 50 DMA, but leading stocks are well off their highs...
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  • Market in Correction - What's Next?

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    0NDQC

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    - Nasdaq Composite
    Now that the market is in a correction, we are on the lookout for a follow - through day, which can signify that a change in trend has occurred. A follow - through day is a strong up day , where the market is typically up >=1.25% with higher volume...
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  • Leadership Beginning to Falter

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    0NDQC

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    - Nasdaq Composite
    Clearly, today’s price action is unhealthy following a poor day on Friday. There are now eight distribution days on the Nasdaq, and today will probably be the ninth . Given the elevated distribution count and the fact that the leadership is beginning...
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  • Look for Institutional Support

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    0NDQC

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    - Nasdaq Composite
    I don't believe the uptrend is over, but that is an opinion, and we know opinions about the market don't mean much. Regardless of the current news or what we believe, we don't invest based on either the news or opinions. We invest based on...
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  • Use the Weekly Chart to Make your Decisions

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    0NDQC

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    - Nasdaq Composite
    The leading stocks have been strong for the last three weeks, with many positions showing profits in the high single-digits to low teens. Since stocks don’t go straight up in one big move, several pullbacks along the way should be expected. The...
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  • How to Manage When the Market’s in Correction

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    0NDQC

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    - Nasdaq Composite
    With the market “in correction” and heading lower today, we’ve received numerous calls regarding “what’s next?” To address those questions, we’ve outlined a number of relevant guidelines to follow during any market...
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