The Dow, currently trading positive off the T-line, is confirming the bullish sentiment that has been exhibited in the NASDAQ and the S&P 500. The uptrend is obviously still in progress, however numerous stocks are starting to show exuberance at the top of their uptrends. Stay long but be careful. A number of our recommendations that have been maintaining steady uptrends are now gapping up and extending toward potential resistance levels i.e.OSCR,INMB,LPI, be prepared to take profits soon.
September 2nd Daily Market Comments
The Dow, currently trading positive off the T-line, is confirming the bullish sentiment that has been exhibited in the NASDAQ and the S&P 500. The uptrend is obviously still in progress, however numerous stocks are starting to show exuberance at the top of their uptrends. Stay long but be careful. A number of our recommendations that have been maintaining steady uptrends are now gapping up and extending toward potential resistance levels i.e.OSCR,INMB,LPI, be prepared to take profits soon.