The NASDAQ continues to trade lower while the Dow remains relatively flat. This has produced some excellent profits in short positions in the high tech area. The NASDAQ is currently hovering at the 50 day moving average. Mining stocks remain in good uptrends. The prognosis remains the same, have both long and short positions in the portfolio.
May 6th Daily Market Comments
The NASDAQ continues to trade lower while the Dow remains relatively flat. This has produced some excellent profits in short positions in the high tech area. The NASDAQ is currently hovering at the 50 day moving average. Mining stocks remain in good uptrends. The prognosis remains the same, have both long and short positions in the portfolio.