Hello traders everywhere! Adam Hewison here, co-founder of MarketClub with your mid-day market update for Thursday, the 16th of August.<br /><br />The market has been grinding higher almost daily and today would mark the 6th day in a row that this market has closed higher. With our long-term Trade Triangle still in a negative mode, we are not excited about chasing the current rally. Intermediate traders should be out of this market, while long-term traders should either be on the sidelines or short the S&P 500 index.<br /><br />Now, let's analyze the major markets and stocks on the move using MarketClub's Trade Triangle Technology.
