A One-Way Market

What was most notable about the market this week was how it continued to trend higher so effortlessly. It has gone straight up for three weeks and during that time there was only one day of selling and a close at the low. Just one minor selling squall Thursday afternoon was due to chatter that the Fed might not continue its zero interest rate policy forever; other than that, there haven't been any real worries or concerns, and the market just kept chugging along.

Casual market observers tend to think that this must be a fantastic trading environment, but the reality is it is very challenging. It is very easy to sell too early, and finding new entry points becomes more difficult each day as the market just keeps running. Many traders are rooting for some sort of selling pressure just to shake things up and give us new opportunities. But the more they hope for dips to buy, the less they seem to occur. So many folks want to buy weakness that they actually prevent it from happening....1141 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.



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