[su_spoiler title=”Monday-Wednesday’s Action: Stocks Rally On Greek Deal” style=”fancy”] Stocks soared on Monday after lengthy negotiations between Greek officials and euro zone creditors produced a framework for the third bailout package for the tiny nation-state in the past few years. The latest agreement includes EUR 25 billion in bank recapitalization funds to help keep…
[su_heading style=”modern-2-dark” size=”20″] Market Update [/su_heading] Stocks rallied nicely last week helping the tech-heavy Nasdaq 100 breakout of its year-long range and hit a fresh 15-year high. The market was able to breathe a collective sigh of relief when the two big threats (Greece and China) were temporarily resolved. Stocks rallied after it became clear…
[su_heading style=”modern-2-dark” size=”20″] Market Update [/su_heading] On Thursday, the Nasdaq 100 broke out and hit a fresh 15-year high. Typically that action is healthy and bodes well for the other major indices. Greece & China, the market’s two big perceived “threats” have been temporarily removed (for now) which is allowing market participants to breath a…
On Thursday the tech heavy Nasdaq 100 broke out of its year long range and hit a fresh 15-year high as we enter the heart of earnings season. This very strong action is typically bullish for the broader market and leading stocks. Three of the market’s leading groups right now include: Financials, technology, and…