Happy New Year everyone. I hope it is a happy and healthy one for everyone here.

My only resolution this year is to keep blogging here everyday and to do Momentum Monday with Ivanhoff each Monday.

Ivanhoff is still off galavanting around Europe but found some time with me today today for our last Momentum Monday episode of the year.

I am keeping it simple because all the major indexes are below their 200 day moving averages.

Ivanhoff has had a hot hand swinging long and short so I let him walk through the new range lower for the markets and lead the momentum tour. It is rather thin.

As a reminder, Marketsmith (by Investor’s Business Daily) is now a sponsor of the weekly show. All the charts you have been seeing in the videos and will continue to see are from Marketsmith. They are offering my readers a three week trial for $19.95. Click this link if you would like to try it out.