The NASDAQ up hundred points but the Dow is down slightly, the S&P 500 is up, the transportation index is flat. What should be the overall prognosis of the market trend? There is not any major change of investor sentiment. Merely a shifting of funds from sector to sector. Stay predominantly long but obviously the volatility that is occurring requires being very diligent as far as watching for sell signals in individual stock positions. This is why Trend Analysis is so important.
October 27th Daily Market Comments
The NASDAQ up hundred points but the Dow is down slightly, the S&P 500 is up, the transportation index is flat. What should be the overall prognosis of the market trend? There is not any major change of investor sentiment. Merely a shifting of funds from sector to sector. Stay predominantly long but obviously the volatility that is occurring requires being very diligent as far as watching for sell signals in individual stock positions. This is why Trend Analysis is so important.