Afternoon Market Update for Dec 09, 2013

The markets continue to show bullish strength but very mildly Monday. It still is producing a trading atmosphere for stock specific trades. However, the majority of individual stock trends continue to consist of up moves with pullbacks, but with an overall upward bias. As long as the markets and individual stock charts remain above the 8ema, it continues to be assumed the uptrend is in progress. Hold long positions as long as they do not demonstrate weakness and close below the 8ema. Although the overall trend of the markets is positive, individual stock charts are illustrating buying as well as selling as their slow uptrending projection remains in progress. Stay long unless you see severe sell signals and closes below the 8ema.