This article is part of the series

Don't Listen to the Bears Just Yet

By The Chartman FOXBusiness

The market bears are getting louder and louder lately. And they had to cheer when the Nasdaq failed – twice! – to broach 5K.

Continue Reading Below

And they may well be correct. Eventually, anyway. But for now the trend is clearly up, so I’m staying on the long side.

I’ve been using eBay (EBAY) a lot lately and thought the chart would look better. Instead, it’s really done nothing for a discouraging few years. I think it’ll eventually break to the upside, but wait for that move before buying.

If you love breakouts, take a look at Gap (GPS). Volume was strong, and I’m betting it goes back to the mid-$40s.

Continue Reading Below

Back next week to see if the snow in the Northeast will ever melt.

What do you think?

Click the button below to comment on this article.