Thoughts....
As we head into the New Year, I've included several "Breakout Setups" that should do well over the long term. I've mentioned it before, but I really believe we're going to be in a stock pickers market in the years to come. Regardless what occurs (Bull or Bear Market), the new leaders will be companies that most of us have never heard of. I suspect several of these will be listed in the IDB 100 sometime in the future. Each individual chart can be found in the "Weekend Review." I'm only going to post an updated chart in the future when they are at or near actionable levels.
As the Sentiment and Breadth charts indicate, we are likely at or nearing an intermediate term top. However, there may be some upside left as the primary sentiment chart I follow hasn't provided the "Get Short" signal. When it does, I'll post it.
If I come across anything significant, I'll make an updated post during the week. If you haven't already done so, you can sign up for the FeedBurner email service or Twitter. They are both free and located at the blog. I also have a link of my Public Charts located at StockCharts.com with the main indices. It's located in the "Links" section of the blog. I'll add charts to it throughout the week.
As the Sentiment and Breadth charts indicate, we are likely at or nearing an intermediate term top. However, there may be some upside left as the primary sentiment chart I follow hasn't provided the "Get Short" signal. When it does, I'll post it.
If I come across anything significant, I'll make an updated post during the week. If you haven't already done so, you can sign up for the FeedBurner email service or Twitter. They are both free and located at the blog. I also have a link of my Public Charts located at StockCharts.com with the main indices. It's located in the "Links" section of the blog. I'll add charts to it throughout the week.
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