Is the Trend Really Your Friend?

The trend doesn’t bend all at once – it takes time as it backs and fills to bend the trend.

This is because institutions own millions of shares: when they want to trim and take profits they sell and back off. In this video, Jeff Cooper explains what happens to the stock when this occurs.

It may seem like a cliché, but it’s a market of stocks – not a stock market.

Jeff  also explains how the action of the glamours or generals showed him warning signs. He saw blaring sirens from last week into Monday.

Jeff then takes a look at 5 names from his Big Ten Momentum Glamour List that were showing signs of bending before they buckled today. Plus, he show you how to use some of his Hit & Run signals to recognize last weeks signs of distribution in these 5 names.

As legendary trader Jesse Livermore said, “Watch the market leaders, the stocks that have led the charge upward in a bull market. That is where the action is and where the money is to be made. As the leaders go, so goes the entire market.”

Watch Jeff's video to learn more on this approach to the market.