Stocks performed a major turnaround last week and are breaking out to the upside. Chances are good that markets will keep rallying into year’s end. Here is the current Nasdaq chart: The October highs are likely to offer some resistance. But all my indicators have turned up from major lows. And there is further room… Continue reading The next leg up
Tag: bullish
Disappointing days can be bullish
Yesterday the stock market opened higher, climbed even more and then started sliding, only to end the day down and down more than 1.5% from the intraday highs it had reached just a few hours earlier. That’s as disappointing as days can get for people who own stocks, other than a crash of course. Here… Continue reading Disappointing days can be bullish
LunaticTrader 