James "Rev Shark" DePorre
Recent Articles By The Author
The market is in a grey area as technical conditions suggest a pullback would be in order but hopes of a trade deal with China prevent aggressive selling.
We just never know when we might see another headline about progress.
The steady drip of news about potential China trade deals is keeping the market moving up, to the chagrin of bears.
Market players are still looking to put capital to work and are focusing more on sectors and individual stocks than straight index plays.
The answer is every time there is a headline.
It's better to be part of the mindless herd of buyers than join the erudite intellectuals that will tell you why the market is wrong.
Don't try to call a market top right now. Be a fleet-footed trader and focus on short-term opportunities.