Today the NASDAQ is flat, the Dow is up. Revealing that there is no major change of investor sentiment, the uptrend is in progress, with profit-taking occurring along the way. This makes the trend more solid and healthy, diminishing the prospects of exuberance. Continue to analyze each stock on its own merits, utilizing the T-line as the ultimate trend indicator.
April 11th Daily Market Comments
Today the NASDAQ is flat, the Dow is up. Revealing that there is no major change of investor sentiment, the uptrend is in progress, with profit-taking occurring along the way. This makes the trend more solid and healthy, diminishing the prospects of exuberance. Continue to analyze each stock on its own merits, utilizing the T-line as the ultimate trend indicator.