Stock Market Commentary - February 12, 2012

Check out the video below to check out our thoughts on stock market direction.

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Stock Market Comments - February 5, 2012

Here is my weekly stock market commentary as we head into the week after an amazing Super Bowl! This is a bull market folks! I have no idea how high this market will go, and how long this bull move will last, but the price action is bullish, while sentiment among individual investors and traders seems to be bearish. I participate in a group on Facebook and I can tell you that the majority of posters there are bearish, and getting killed by this current move to the upside. They justify shorting the market with all kinds of reasons, including the European debt crisis, our own issues here, etc etc. Yet, the market continues to climb.

I also just found this article on Bloomberg.... read it here

This suggests this market has a lot further to go. At some point individuals will take notice. This kind of move can go on for a long time. Yes, there will be modest corrections along the way. However, it appears that it will take a major event to sidetrack this market and cause a steeper correction.

With this in mind, traders should follow stocks that are outperforming the market. One such stock is MDVN... we mentioned it here a few weeks ago when it broke out above $50. It closed on Friday at just shy of $74.

Stay long!

www.whentobuyandsellstocks.com

Stock Market Commentary - February 1, 2012

Check out the video below for today's stock market commentary from whentobuyandsellstocks.com