The market had a huge upday today, with a powerful surge into the close. The NASDAQ gapped up and over its overhead 50-Day MA.
I had three new triggers today. It’s been a long time since that has happened. The triggers were AREX, ATLS and RGLD. All are still looking good.
ARIA was a trigger from Monday […]
A gap up and move higher is what the market needed. The indexes are very oversold, but one day doesnt change anything on this ugly chart of the NASDAQ. Upside may be limited to the 50-Day MA overhead.
I had one trigger ARIA, a rare swing trade. I plan to hold this one for a little while […]
As posted last week, I was expecting a holiday rally. We didn’t get it. Normally, the market is in the midst of a rally this time of year, but this year is different. This seems a lot like 2007, when we did not get a Santa Claus rally, and we all know what followed in […]
