We’re doing some background work on the blog, so I can’t get the Sunday video out tonight. This truly is a market of stocks because for every nice setup I see, I also see a disaster. There are many stocks getting punished and breaking down out there. They are most obvious in the oil patch, but there are breakdowns all around.
It still looks like the Santa Clause rally wants to continue. We scaled out of some more profitable names last week and I have adjusted stops accordingly on the P&L so, please keep current if you are following at home.