Sunday, December 15, 2013

3 Reasons To Put Stocks On Shorter Leash [Vanguard Total Stock Market ETF, Energy Select Sector SPDR (ETF), Vanguard FTSE All-World ex-US ETF] - Seeking Alpha

3 Reasons To Put Stocks On Shorter Leash [Vanguard Total Stock Market ETF, Energy Select Sector SPDR (ETF), Vanguard FTSE All-World ex-US ETF] - Seeking Alpha

Here is a good article by Chris Ciovacco about how we should be cautious about the stock market now.  He presented two charts which illustrate a bearish pattern that is developing.  There is an old Wall Street saying that "you can't go broke taking a profit."  It might be wise to cash out of some stocks for now, and you can get back in later with better bull signals if a reversal occurs to the upside.

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