Hello friends,

Please find attached my weekly market observations.

In addition, I include a trade report from last year, coming out of the 2010 correction. There was a small group still posting their monthly trade idea in the EV Training group. The reason I share this particular trade is twofold. First, it highlights the way one can synthesize EV with other methods like growth or momentum investing. Second, it highlights why late summer 2010 is so much different than the current period. There were so many stocks moving in a powerful fashion on big volume at that time. Price does pay, but volume speaks. I don't see the same type of landscape right now, and am consequently more skeptical of the sustainability of the recent advance.

I also encourage everyone to read Aly's CSI, which is top notch as usual. Jerry also posts his leader's index, which is worth checking regularly. There are so many resources here!

Have a great week.
Best,
Eric

Market Observations 10-14.pdf
RDWR.pdf