Today marks the beginning of next earnings season

As expected the market did not follow through on downside after overnight gap. That indicates likelihood of sideways market.

Today also marks the beginning of next earnings season. During the earnings season fate of many stocks might be decided. Lot of stocks that gapped up last earnings season have not had follow through post the earnings day. Many in fact had breakdown after brief rally.

The correction has narrowed the leadership considerably and we are back to handful of stocks setting up for possible upside.

Any breadth thrust here will be buy opportunity.

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If you are looking to develop your own trading strategy, the membership site might be for you. You have to be willing to put in the effort to build your own method. There are no silver bullets offered on the members' site. Every method, every scan, every nuance is detailed, and all possible help is offered to design your own method.

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