[su_heading style=”modern-2-dark” size=”20″] Market Update [/su_heading] The major indices continue acting well as they are simply pausing to digest their very strong 2.5-week rally from the 7/7 near-term low. Ideally, we would like to see the S&P 500 form a little “handle” here before jumping out of its 7-month trading range. The Nasdaq Comp &…
[su_heading style=”modern-2-dark” size=”20″] Market Update [/su_heading] The market remains very strong as the major indices are simply pulling back to digest a very strong 2-week rally. The Nasdaq Comp & Nasdaq 100 continue to outperform helped by very strong action in big cap tech stocks ($NFLX, $GOOGL, $REGN, $AAPL, $FB, $CELG, just to name a…
[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…