A nice day in the markets, with a strong move early that held up mostly. The NASDAQ broke out of it’s trading range and into new highs for the year. It’s always good to see the NASDAQ lead, and I’m hoping the other indexes will follow.
This was good news for QLD, which I posted a […]
We are now entering a holiday week which will see less volume, and therefore, a likely positive bias. If so, then perhaps we can see the indexes finally breakout of their consolidation patterns.
I had one stock from the Watchlist trigger on Friday. It was TTM, which didn’t move much higher, and might need some more […]
I’ve been writing in the last couple of posts that some rest here would be good. I was a bit concerned that the indexes didn’t find much support in the day, but as you can see in this chart of the S&P 500, support could be coming ala the 50-Day MA. If it can find […]
