Calmer Waters
on January 24, 2012
After a tumultuous 2011, the new year is off to a smoother start. We’ve had only two days out of 14 in this still-young year with an S&P 500 change greater than 1%. In the final 14 days of last year, by contrast, we had five days with plus-or-minus 1% or more.
Better yet, this less frenetic pace has had a definite up-tilt. Twelve of this year’s first 14 trading sessions have been up-days for the S&P, with a net gain so far of 4.6%. Since the Cabot Tides gave us a buy signal on January 3, we’ve been able to capture almost all of that advance.
That’s not to say we won’t encounter renewed volatility in 2012. We can’t know whether it will be a lot or a little, but we can bet the whole year won’t be like these first three weeks. And we can also bet on some “give-back” when the Tides indicator turns negative. It’s the very nature of trend-following strategies that some of a gain is given back when the momentum changes.
Act Now and You’ll Grab 30% to 50% Gains This Week!
I’m Mike Cintolo, and according to our charts this could be one of our biggest weeks ever at
Cabot Top Ten Trader. The reasons are quite compelling.
- Our trend-following indicators are not only all solidly positive but also backed up by S&P 500 earnings growth across the board.
- The number of stocks hitting new lows on a daily basis is once again very small. And there are no serious divergences evident.
- Corporate earnings not only are continuing to rise but also are blowing away even the analysts’ greatest expectations.
So it’s no wonder the charts we follow are lit up like a Christmas tree, with all three of our indicators extremely bullish!
This is why we’re expecting 30% to 50% gains from virtually each of this week’s Top Ten trades!
Most traders will miss the coming breakout. But you won’t when you Join Us Today.