Saturday, March 9, 2013

Back to watch lists

This is the beginning of my watch list for next week. It is pretty long I guess that is to be expected in this type of market where we are having such a strong bull run.

It concerns me when there are so many bulls on the street. That is usually just about the time the market rips your face off.

 I will scale back considerably if the market becomes weak on what should be considered good news. That is usually the sign of a temporary reversal or a rotation of funds.

For example, the employment report was strong on Friday yet the market response was fairly tepid in my opinion. With higher employment levels and a recovering economy there may be justification for the Fed to pull back on his aggressive monetary policy so its a case of good news can lead to bad news. The market is always thinking 6 months out so its not about where we are but where we are going.

Going through my scans I noticed that agriculture, metals, miners and small oils seemed to be picking up.
So here they are as always I will add early Monday morning. Hope everyone is having a great weekend.























                                       My Buddy he watches over all my trades lol

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