The Dow trading positive back up above the T-line, the NASDAQ trading slightly lower but remaining above the T-line, indicates the lack of any major selling pressure on this market. A J-hook type pattern is setting up in the indexes. The market conditions still imply having both long and short positions in the portfolio. The electric vehicle sector remains very strong.
November 15th Daily Market Comments
The Dow trading positive back up above the T-line, the NASDAQ trading slightly lower but remaining above the T-line, indicates the lack of any major selling pressure on this market. A J-hook type pattern is setting up in the indexes. The market conditions still imply having both long and short positions in the portfolio. The electric vehicle sector remains very strong.