Stocks Screaming Buy, But …

Yes, stock charts are screaming "buy," but there are other factors that you shouldn't ignore.

   

While I’m seeing more buy signals for stocks than I have ever before, there are some serious signs of weakness throughout global markets and other asset classes like bonds and currencies. Take a look at what’s got me suspicious about this market and the level on the S&P 500 that’s key for traders right now.

 

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InvestorPlace advisor John Lansing tracks the charts all day and offers expert technical analysis in his day trading, options and trading services: Power Trading at the OpenParabolic Options andTrending123.  Trending123 members receive access to the Trending123 Pattern Scan powered by Recognia free as part of their membership.


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