Unusual day, the premarket futures showed the Dow should open up 150 points and it opened up down 150 points. The NASDAQ has remained flat. Although the markets are not showing any great strength, the biggies continue to trade positive, NFLX was trading at an all-time high, NVDA, AMZN trading higher. The fry-pan bottom patterns continue to work, some are taking profits early today but appear to be moving back up. Stay long.
June 22nd Daily Market Comments
Unusual day, the premarket futures showed the Dow should open up 150 points and it opened up down 150 points. The NASDAQ has remained flat. Although the markets are not showing any great strength, the biggies continue to trade positive, NFLX was trading at an all-time high, NVDA, AMZN trading higher. The fry-pan bottom patterns continue to work, some are taking profits early today but appear to be moving back up. Stay long.