At the close today it looked like the breakout in the NDX might hold. After the market closed though talk started again about more tariffs and as I’m typing it looks like stocks are going to try to drop down into a daily cycle low.

Remember the news is always bearish during corrections. But these are profit taking events, and ultimately buying opportunities. So don’t let the news scare you. Once the correction has run it’s course the S&P will be making new all time highs in the not too distant future.