The bulls are in full squeeze mode right now. 

And it isn’t looking pretty for the bears either. SPX, even the news coming from Boeing (BA) isn’t enough to keep it or the Dow down today.

After falling eight out of the last nine trading sessions, the bull appear serious once again about rallying this market. I’ve added two new positions from the watch-list below, and both are off to fabulous starts. So far, the month of March has been a solid one too in the Swing-Trading Splash Zone, making profits on the way down (SPXU +4%) as well as on the way back up. 

Here’s the thing though, don’t get too ahead of yourself and start buying everything in sight. I came into today 100% cash, and I’ve since added two new long positions but that is going to be it for me – at least for today. I want to see if the bulls can push things even higher, and then I’ll incrementally add more long positions to the portfolio. 

Never trust the stock market – and always manage the risk – in doing so, you avoid getting married to one side of the trade or the other, and give yourself the best chance at success.