On one hand we have the U.S. GDP growing at its fastest rate in five years… upbeat factory data… a jump in consumer spending… and strong earnings reports from dozens of major players such as Pfizer, UPS, Archer Daniel Midlands, Cummins, and Alcoa.
On the other we’re facing soaring food, fuel, and commodity prices worldwide… a looming collapse of Portuguese and Spanish debt… a downgrade of Japan… protests in Egypt… and, some say, extreme over-confidence in U.S. stock markets – all of which hint at a MAJOR correction…
What does it all mean – are the markets poised to pick up a fresh leg of steam as the recovery continues… or are we on the verge of a painful, new downturn? As far as I’m concerned… Continue reading "Upsurge or Downturn - What’s coming next?"


Today's Guest Blogger is Dan Passarelli of Market Taker Mentoring. Dan is an options guru with more than 17 years experience in the options industry. He has worked as both a floor trader and an options instructor. Today Dan is going to share his insight on the "stock repair strategy." What are some tricks you use to leverage risk in trades? Be sure to comment below and visit Dan at