Market continues to push higher

The market has had another good week and the short term trend is still up. Looks like the saying  sell in May and go away will not apply this year if this trend continues. It is difficult to find anything worth buying right now. For me it is a good time to sit on the fence and watch- frustrating I know but at least I will not lose money.

Apple Inc (APPL) has come back to test the 50 day moving average. It is playing with it right now and does not know whatever it wants to go up or down. The long term chart is still good so let’s see how it behaves over the next few days.

More during the week if I see anything interesting developing.