Tuesday Update: Rally End?


The vigorous market rally of the past week appears to be running out of steam. A day or two lower and we will start seeing some intermediate term Sells as the downtrend that started in May takes back over. For now, their is nothing to do. Note below how well the past two trades, DIS and AXP have done is such a short period of time. If you haven't taken profits yet, do so at least after the first down day.