Submitted by Mark Hanna
Courtesy of MarketMontage. View original post here.
If you are an Investors Business Daily sort of person, just a heads up that per their tweet they are switching their outlook back to “Market in Confirmed Uptrend”. They moved to “Correction” status about three weeks ago.
Ironic timing since the whole cabal of the IBD favorite stocks were smacked on huge volume yesterday – still trying to figure out what happened to those stocks Tuesday.
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Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund’s holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/holdings/blog
