September 20, 2014: Turning Point?

I’m sure that long-time listeners are tired of my general take on the market. For about two years now, with a few exceptions, I have generally maintained that the market wants to move up, but the downside risk is large. That may be changing. The market action after the latest Fed meeting suggests that the market may be topping out. There are no certainties in trading, but the probabilities seem to be favoring the downside. Make sure you know what to do to protect yourself and profit before the move down starts. Check out this week’s show to learn more about why I am becoming more concerned about the current levels in the stock market.

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