January 13, 2006 Stock Market Recap

I almost hate to say it but I think the indices look buyable already. I'd like to see more of a pullback but the market rarely gives us exactly what we want. But while these little pullbacks look buyable to me I have to keep in mind that earnings season is kicking into gear and that can take precedence over any technical pattern -- no matter how pretty. :-) That's especially true at the individual stock level. So although I see some decent swing trade setups I have to leave most of them alone due to upcoming earnings reports.



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This page contains a single entry by Michael published on January 15, 2006 7:04 PM.

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