The Trends in the Stock Market

In this kind of environment, dip buyers will continue to dominate the tape. People should pay attention to how momentum leaders handle any eventual pullback in the averages. But if we see momentum stocks all of a sudden starting to have many distribution days and breaking and closing below there are 200-day moving averages, then that would be a sign of that you might need to be more careful in probably raise cash or just find a way to catch.