December E-mini S&Ps this morning are down -0.07% after IBM missed on Q3 revenue estimates and European stocks are down-1.28% as SAP SE dropped over 5% after it cut its full-year profit forecast and Royal Philips slid over 4% after it reported Q3 sales and profits that were weaker-than-expected.

A rise in total client assets as well as new brokerage accounts acted as tailwinds.

As American stock markets become CYNK'd with ever shorter horizons and ever greater aspirations of 'getting rich quick,' E*Trade has been busted by the SEC for selling billions of penny stock shares to its customers.

When investors hear "bull markets are bull markets until they aren't," their initial response is "no, duh!." However, if that statement is so obvious, why do we spend so much time in trying to predict the future?

Headquartered in New York, E-TRADE Financial Corporation provides online brokerage and related products and services individual investors and stock plan participants.

I'm not in a wholesale sell out mode but I'm trimming stocks that exhibit failure to keep their momentum. I trimmed Canadian Solar (CSIQ), LPL Investments (LPLA) and E*Trade Financial (ETFC) for the Barchart Van Meerten New High portfolio.