The markets have been racing to new yearly highs. There are a lot of people wondering how much longer this movement can last. Some of the bears are already crawling out of the woodwork stating that we are overbought and should be shorting the upcoming crash.
As I write this article, the German courts have approved the ECB’s planned rescue of the European bailout. We are still waiting for Ben Bernanke to announce the Federal Reserve’s plan for the United States Monetary Policy. The German news was bullish for the markets; we will have to see if Big Ben will also bolster the bullish move.
However, much of this news is irrelevant. As Online Trading Academy’s graduates have found,… Continue Reading
