Major averages rose on mixed, below average volume. The NASDAQ Composite, S&P 500 and Dow Industrials have all been consolidating gains while trading in new high territory. The risk-on Russell 2000 has been the best performed off Brexit lows. The uptrend remains in place but as we know, market pullbacks can be short and sharp, so never get complacent about your stocks. And those who wish to take partial profits on the VIX Volatility Model's ETFs/ETNs may do so depending on their personal risk tolerance and position sizing criteria.
Market Lab Report - Premarket Pulse 8/12/16
|Published:||12 Aug 2016 13:58 ET|
This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2021 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.