The Wall of Worry

The market isn't giving us those warm, wholesome feelings, but that is what climbing the wall of worry is all about. Everyone is paranoid, traders with a concept of risk, are looking over their shoulder the whole time, wondering when is this thing going to end. Meanwhile, others can't take it anymore, can't handle the logic of the rally, and start calling market tops and begin shorting the market.

All the while, the market just keeps climbing that wall of worry. 

It isn't always pretty, but the bears simply can't put anything together. News doesn't affect the market, terrorism and international conflict doesn't, Janet Yellen can't even hurt it by raising rates. It simply goes up because it wants to go up, and unless you grasp that, you will frustrate yourself to death with this market and what it intends to do.

Remember it isn't what you want it to do, it is about what it wants to do, and right now, it keeps wanting to go higher. 

So trade accordingly. 

S&P 500 Chart

Current Stock Trading Portfolio Balance: 

• 6  Long positions

Recent Stock Trade Notables:

• Workday (WDAY): Long at 86.00, closed at 90.32 for a 5% profit. 
• Univar (UNVR): Long at $30.96, closed at $32.20 for a 4% profit.
• Alibaba Group (BABA): Long at $111.91, closed at $115.48 for a 3.2% profit. 
• Redhat (RHT): Long at $85.21, closed at $87.21.
• Darling Ingredients (DAR): Long at $15.19, closed at $14.90 for a 1.9% loss. 
• Apple (AAPL): Long at $143.82, closed at $147.11 for a 2.3% profit.
• Teradyne (TER): Long at $31.16, closed at $33.03 for a 6.0% profit.
• UPRO: Long at $92.75, closed at $94.78 for a 2.2% profit. 
• Murphy Oil (MUR): Long at $28.69, closed at $27.89 for a 2.7% loss.
• Las Vegas Sands (LVS): Long at $57.24, closed at $56.53 for a 1.2% loss.  
• UPRO: Long at $91.94, closed at $96.54 for a 5.0% profit.
• Alibaba Group (BABA): Long at $105.736, closed at $108.22 for a 2.4% profit. 
• Facebook (FB): Long at $134.27, Closed at $139.23 for a 3.7% profit. 
• CDW Corp (CDW): Long at $58.65, closed at $58.91 for a 2.7% loss. 
• Redhat (RHT): Long at $82.41, Closed at $83.53 for a 1.4% profit. 
• Ambarella (AMBA): Long at $57.15, Closed at $55.52 for a 2.8% loss. 
• Alibaba Group (BABA): Long at $104.73, closed at $106.05 for a 1.3% profit. 
• Broadcom (AVGO): Long at $218.63, Closed at $222.71 for a 1.9% profit. 
• American Airlines (AAL): Short at $44.76, Closed at $44.03 for a 1.6% profit.
• UPRO  (Day-Tade): Long at $95.35, closed at $96.50 for a 1.2% profit.
• OZRK: Long at $56.12, closed at $54.69 for a 2.5% loss. 
• FNSR: Long at $34.25, closed at $34.70 for a 1.3% profit. 
• UPRO  (Day-Tade): Long at $96.92, closed at $98.03 for a 1.2% profit. 
• JP Morgan Chase (JPM): Long at $87.21, closed at $89.67 for a 2.8% profit. 
• Chevron (CVX): Short at $110.03, covered at $111.85 for a 1.6% loss. 
• Flex Technologies (FLEX): Long at $15.62, closed at $16.57 for a 6.1% profit. 
• Baidu (BIDU): Long at $174.70, closed at $187.00 for a 7.0% profit. 
• Ollie's Bargain Outlet: Long at 33.20, closed at $32.50 for a 2.1% loss. 
• Corning (GLW): Long at $26.98, closed at $27.45 for a 1.7% profit. 
• Illinois Tool Works (ITW): Long at $127.74, closed at $129.86 for a 1.7% profit. 
• Marriott Int'l (MAR): Long at $86.16, closed at $87.51 for a 1.6% profit.