Monday Market Wrap

The market pretty much chopped around and went sideways today and I score that as a plus for the bulls. Everyday that goes by where we don’t go down hard, brings in the skeptics and the shorts.  We all know how the shorts have fared in this market. I still think the SPX looks like it may have another 25 points in it before it hits the top of that trend line that I mentioned in last night’s video. So far all the indexes still look very bullish.

Two names from last night triggered today: PKG and VMEM.

I’m watching BMRN and MDVN even though we took profits on the latter  last week.

See you in the morning.