This is the second trade idea from a series of 10 trade article ideas for FullyInformed members for the end of January 2014.
January started out as a sideways month until this past week when investors decided it was time to take profits and raise cash levels. There are lots of reasons for the heightened concern which I will have in the market direction outlook for the week (to be up shortly) but the most important aspect of this environment is to understand that at present we are in a bull market which has had no correction of any consequence since 2012. This could be the start of a correction or it could be “jitters” on the part of investors. Whatever the case, I invest in quality companies and take advantage of volatility which boosts my income when I trade different positions.
Here are 10 positions I will be watching this week and considering for trades.