A glimmer of hope – why I’m still bullish on stocks… 04/13/2017


Am I nuts?  Time will tell…

Stocks have been consolidating for the past month and a half.  Distribution days have been piling up in a hurry.  Right now, the distribution day count on the S&P 500 stands at 10!  By any measure, that’s a lot of distribution!

There’s a lot of reason to be cautious here.  I’m not denying that.  However, there are still a few reasons to give this market the bullish benefit of the doubt.  

In this video, I explain why I’m still giving this market a shot!  We look at the S&P 500, the NASDAQ and Russell 2000 (by way of QQQ and IWM) as well as a recent trade I put on in AMAT.


Please let us know…

  1. If you like the video, leave a message telling us what you liked about it.  
  2. If you think this video sucked or I’ve lost my mind still giving this market a shot, let us know about that as well. 
  3. If there’s something you’d like to see in a future video, please let me know and I’ll get to work on it.



Here are more articles you may like

Claim Your Free Guide Today

Give us your email and we will give you the tools to change your life. 


Learn about Early Entry Points & much more...

© ChartYourTrade | Contact us: website@chartyourtrade.com

Disclaimer: All communication from ChartYourTrade is general in nature and for educational and general informational purposes only. Under no circumstance should it be considered personalized investment advice. All our work is general in nature and not specific to any one person. All the information on this site and/or that originates from us, or any of our partners or affiliates, is for educational and informational purposes only and is NOT a recommendation to buy or sell anything. To avoid any conflicts of interest, we do not have a working relationship with any of the companies mentioned in our work. Furthermore, we may have a long, short, or no position in any, or all, of the names that appear in our work and they may change at any time without notice. Investing and trading in capital markets or using margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you as well as for you. Before you decide to invest or trade in capital markets you should carefully consider your investment objectives, level of experience, and risk appetite, among other factors. The possibility exists that you could sustain a loss of some, all, or more of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with capital markets, investing/trading, and seek specific investment advice from an independent financial advisor and other professionals. Remember all the information we provide is for educational and general informational purposes only and is subject to change without notice.

Charts and Data are courtesy of MarketSmith Incorporated. Join MarketSmith here.

Terms of Service