Talk about another bullish session. This market is so bullish (which means it probably needs to rest now) that my scans continue to come up blanks on the short side. The only three stocks in my two main short scans were all ETFs and we do not trade ETFs here at BigWaveTrading as that is an inexperienced or lazy way to play the market on the long or short side. ETFs have a mind of their own, even when moving in the proper direction that it is best to avoid them. Speaking of avoiding, that is the best thing to do now when it comes to your appetite to possibly short this market. The greatest traders of ALL-time NEVER cherry picked the top. They would anticipate turnarounds and wait for individual stocks and the market to tell them the time was right. Clearly, the time is not right, right now. Stay long until this trend ends.
new short positions: none
none
