Outlook 29 March
Posted by Danny on March 29, 2010
Stock held up pretty well last week, although momentum is clearly waning.
Nasdaq pushed as high as 2430, but ended the week little changed.
The Full Moon period has not produced any meaningful pullback so far, which is a sign of strength going forward.
Full Moon will come after today’s close, so we could still see pressure on stock prices this week.
If prices continue to hold up, then look for the markets to reach new highs again in early April.
Good Luck, Danny
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This entry was posted on March 29, 2010 at 3:06 pm and is filed under Market Commentary.
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Outlook 29 March
Posted by Danny on March 29, 2010
Stock held up pretty well last week, although momentum is clearly waning.
Nasdaq pushed as high as 2430, but ended the week little changed.
The Full Moon period has not produced any meaningful pullback so far, which is a sign of strength going forward.
Full Moon will come after today’s close, so we could still see pressure on stock prices this week.
If prices continue to hold up, then look for the markets to reach new highs again in early April.
Good Luck, Danny
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This entry was posted on March 29, 2010 at 3:06 pm and is filed under Market Commentary. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.