The day of the Muellar report, producing indecisive movements in the markets. The NASDAQ and the S&P 500 are trading lower, sitting right on the T-line, the Dow is trading slightly higher after opening much higher and the transportation index still maintaining a strong uptrend. Overall prognosis, slow indecisive uptrend. Stay predominantly long but there are numerous short positions that will produce good profits.
April 18th Daily Market Comments
The day of the Muellar report, producing indecisive movements in the markets. The NASDAQ and the S&P 500 are trading lower, sitting right on the T-line, the Dow is trading slightly higher after opening much higher and the transportation index still maintaining a strong uptrend. Overall prognosis, slow indecisive uptrend. Stay predominantly long but there are numerous short positions that will produce good profits.