A Morning Rally in Stocks

Posted on Jan 14 2016 - 10:49am by Sharpe Trade

A morning rally in stocks … does not a bull market make.

I mean, it’s great we’ve rallied a ganillion points up to 10:30 AM and all.  But now what do we do?

As always, I am willing to change my stance at the drop of a hat.   I could be a bull tomorrow. But for now … we remain with the bearish calls that we made back in December.

Bearish on stock indices.

Bearish on Disney (DIS).

Bearish on Apple (AAPL).

Bearish on all of it …

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