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The buy low, sell high mentality makes it very hard for many investors to chase an ever rising market. But at some point they will get on the bandwagon.
I believe that is happening now as the breakout above 1600 was a signal that the bull train was ready to leave the station once again. Especially true as the 3 straight closes above 1600 are helping to solidify this as a new level of support.
With that now in place, expect shares to probe higher.
Zacks' low-risk approach to market timing detects subtle, early signals of movements in industries, sectors, and the market as a whole. It doubles your profit potential on these swings with a simple metric, and then triples that potential yet again through a twist on a common trading move.
That is how a small 3% move on the market can become a 15-20% winner in no time at all.
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