Replies to post #9838 on Marketgems Earnings Trader- Trading Strong or Weak (MKTGEMS)

[bbgold]

Markets Ignoring Negative News
The markets are indeed Bullish here as they also ignored the negative economic news that was out this morning. Retail Sales were down -1.2% and Michigan Preliminary Sentiment came in close to 80 when 85 was anticipated. Just an Incredible Rally the last two days. Do you feel that the markets are overextended here? TIA, Bob :^)

Good Luck to All! :^)
PLAN the TRADE and TRADE the PLAN!