Although volume was light last week, as expected, the S&P 500 did break out from an inverse head and shoulders pattern. The Dow and Russell charts have also broke out of similar patterns, with the NASDAQ still bouncing around its 50 and 200-Day MA’s.
Some recent triggers did well on Friday, with others taking a needed […]
Looks like the infamous Santa Claus rally is upon us with some nice leaders. Although the NASDAQ and S&P charts don’t look impressive, the Dow appears to be forming an inverse head and shoulders pattern.
I have had a few triggers over the last couple of days. I don’t recall the last time I had this […]
The market made a strong move in the open and moved higher for the rest of the day. The NASDAQ closed over 3% higher, but still below its 50-Day MA. Nice volume though as we enter late December, which is historically one of the best times of the year to own stocks.
I had an empty […]
