Tradable Rally?

Yes, but take it slowly!

David Ryan @dryan310

Tradable rally underway with interest rates and dollar dropping. This is not a new bull market, but another rally that could take the SPY back to 410. Industrials, resource names should lead.

David Ryan got the ups and down within this growth bear market spot on right so far.

As I have written:

1. Do not short this market!

2. Play stocks out of leading groups / countries or ETFs on leading groups and countries

3. Do not buy overextended stocks here

4. 70% Cash is still the play here, build up your portfolio slowly. Existing positions shold work before we expand!

Also, we do not have an all green signal, for this 10 MA > 20 MA on the SPY so far.

If this rally attempt has legs, we will get ample possibilities in a pullback of the $SPY.

Also, the earnings season will then give a ton of opportunities.

The stock list today is a shorter one, lots of stocks already broke out the last week with china leading: