Although the NASDAQ is trading lower today, it is not showing any severe change of investor sentiment. The other indexes are all trading positive with the Dow and the transportation index pushing up through the 200 day moving average, illustrating that currently that resistance level does not appear to be acting as resistance. Walmart and target are bringing the retail sector up strong.KIRK can be bought coming out of a scoop/breakout.
August 16th Daily Market Comments
Although the NASDAQ is trading lower today, it is not showing any severe change of investor sentiment. The other indexes are all trading positive with the Dow and the transportation index pushing up through the 200 day moving average, illustrating that currently that resistance level does not appear to be acting as resistance. Walmart and target are bringing the retail sector up strong.KIRK can be bought coming out of a scoop/breakout.