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Risk Monitor [Market] commentary: Each sell off is met at support with quick buying pressure
The steady support action since 11/14 gap up has allowed the markets to correct in time rather than price so far
The strong Friday / weekly close led us to increase exposure once again after raising cash during the consolidation
The 50 day moving avg is now in a steady ascent for all the weighted and equally weighted major indexes and this will serve as the raising Stop on this Risk Monitor Green rally
We are in manage success mode meaning we raise Stops, book profits at targets & re invest proceeds as desired
This week we get the CPI data Tuesday and Fed speak on Wednesday so strap in. Can this info derail the run? Possible but our job is to read & react not predict or guess
ARMR Stocks to Watch: ARM Holdings is the IPO [Spin off] in the Semiconductor sector to watch
DISCLAIMER: All of ARMRreport, our trades, strategies, and news coverage are based on our opinions alone and are only for educational purposes. You should not take any of this information as guidance for buying or selling any type of investment or security. I am only sharing my biased opinion based off of speculation and personal experience. An individual trader's/investor's results may not be typical and may vary from person to person. It is important to keep in mind that there are risks associated with investing in the stock market and that one can lose all of their investment. Thus, trades/investments should not be based on the opinions of others but by your own research and due diligence.