Three of the last four Monday's the market has been closed for Christmas, New Years, and MLK holidays. The price action reflects this with very narrow ranges especially in the stock index futures. We have the green light for some five day trading weeks. Earnings and politics will be at the forefront of the news feed. Will any of the headlines kick off a trend.
The portfolios are down on the week but up on the month. "Buying the dips" or getting in after some losses is one of the best times to start in my opinion as I am not a big fan of starting or adding at equity peaks. Tick Pulse has struggled the most in these narrow ranges with some signs of a trend on Thursday morning only to disappear as the mean reversion kicked in on Thursday afternoon and Friday.
The trades for the week are in the video with the results listed in our weekly spreadsheet below.