Living on Maui, it becomes quite obvious when school is out and summer time has started. For further confirmation, today's action in the market proves it. Looking at the past 20 summer months in the market it becomes clear volume slows down, but the markets rise a lot of times. Goes to prove another thing; never short a dull market.
The market wasn't really that dull it was just that my scans were. Most of the charts that popped up today are stocks I am already long just creating another buy opportunity. As for new longs this was the slowest day since the beggining of the rally, for my scans.
New Longs: SGK--small pullback needed, GWR, MCEL--spec small position long
Positions giving new buy points: HCA CLHB XXIA NGS DO PETS RADN LMS
Have a great night.
ALOHA
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