Strength in the small caps is building again as they surge forward once more intraday. The chips are improving, down only 1% now and the BBH continues to push higher. All of this is combining to give strength to the NASDAQ and, as a result, the beast simply won't die. This strength is disconcerting to someone leaning the opposite way yet again and has me truly questioning my opposition to higher prices. Maybe there really is a summer rally underway and it refuses to die for another 2 or 3 weeks. Right now I feel clueless.
The Daily Dose of Trading Comments
Here you'll find short quips concerning the market mood and direction posted intra-day as the market dictates and time allows. You can find TATs strategy here. Comments here are from a trader who trades for a living.
You can add comments by clicking on the comments link below any posting.
- These are quite dangerous times for the market bec...
- There is a stampeed into the biotech arena after t...
- There was a time when a little more sanity ruled t...
- The day was one of strength and it lasted all day....
- Today has been a strong day for the bulls followin...
- That was quite a squeeze higher and they did set n...
- Well, the giddy opening lasted about 10 minutes ra...
- It's turnaround Tuesday and the markets are on clo...
- Stocks traded lower into the close but then IBM re...
- We have IBM after the bell today and that will be ...
0 Comments:
Post a Comment
Links to this post:
Create a Link
<< Home