Today’s positive trading is confirming the bullish left/right combo that formed yesterday in the Dow right at the T-line. The S&P 500 is also confirming. The NASDAQ trading positive today gives the implication of at least a bounce back up to the T line, making today likely a positive trading day. Numerous short positions have now been covered. But the big traders, AAPL, TSLA, AMZN, NVDA are not moving. Market conditions still make the analysis of each individual stock/sector the top priority.
March 26th Daily Market Comments
Today’s positive trading is confirming the bullish left/right combo that formed yesterday in the Dow right at the T-line. The S&P 500 is also confirming. The NASDAQ trading positive today gives the implication of at least a bounce back up to the T line, making today likely a positive trading day. Numerous short positions have now been covered. But the big traders, AAPL, TSLA, AMZN, NVDA are not moving. Market conditions still make the analysis of each individual stock/sector the top priority.