“1. No Sell Off On Good News
2. No Trade Down To Fill Upside Gaps
3. Stocks Roar Higher After Miss
…’I believe that we are in a surrealist moment where even hardcore optimists are blown away by this bullish stampede," Cramer said. "Right now we have a bull that's crushing even the most skilled of matadors. We old timers have always been taught not to chase. We have learned that you will always get your chance. That may not be the case this time around.’" Story at…
“We are at a very critical stage at the moment and there are indicators that uncertainty is on the rise again,” said Joerg Kraemer, chief economist at Commerzbank AG in Frankfurt. “It is essential for the euro area to find the right mix between necessary austerity and measures to support economic growth as soon as possible.” Story at…
Tuesday, the S&P 500 was up 1% to 1,650 (rounded).
NTSM analysis needs some stronger signals from the market. Otherwise it will be HOLD forever.