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Re: ReturntoSender post# 6854

Sunday, 11/20/2016 1:04:29 PM

Sunday, November 20, 2016 1:04:29 PM

Post# of 12809
Leavitt Brothers Weekly Update:

http://leavittbrothers.com/pdfs/LB%20weekly%2020161120.pdf

The Bottom Line The market followed up a great week with a good one. Most of the indexes are at or very near all-time highs.

Most of the indicators support the price action. The bulls will want to see improvement from the AD line.
Earnings season is winding down, and the feel-good time of year is upon us. Heck, this is the beginning of the "best 6 months of the year" (NovemberApril).

A rate hike is being priced in.

Odds favor a continuation to higher prices. There's no reason to fight it. Maybe we get a pause and then a continuation up. Maybe prices just continue to grind higher. In either case I'm confident higher prices are coming, so the long side is the only side I'm interested in.

Don't fight what's happening. And don't let a political opinion stop you from making money.

Have a great week.
Jason Leavitt Jason@leavittbrothers.com

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