The U.S. market remains in a Confirmed Uptrend. The S&P 500 and Nasdaq continue to hold above the February 14th follow-through day (FTD) with one distribution day each. A handful of leading ideas have been able to push into higher highs ( PLNT, MB, TAL, OLLI, NOW, PSTG, RHT, GRUB, RNG, etc. ), though most ideas continue to build new bases. Following our discipline, we continue to recommend a slow approach, gradually committing capital to actionable ideas with the Confirmed Uptrend remaining intact.
