The NASDAQ Composite Index ($COMPQ) has been extremely bullish since the tail end of August and has rallied from 2,100 to 2,470 during this time. The index remains strong and should continue to push higher should 2,400 remain intact.
I’ll be out of the market the next two weeks and will return to duty on Oct. 18th. Therefore, I will not be updating the site during this time. In the mean time…
The amazing Michele Schneider (@marketminute on Twitter) gave me a fantastic review for my new book Secrets of a Pivot Boss! Check it out!
Two days ago, I mentioned the E-Mini Russell 2000 futures contract (TFZ0) could be on the verge of a retracement – which did indeed occur! However, now that the pull-back has occurred, is the TF due for a bullish bounce? Let’s see..
SunTrust Banks ($STI) has been trading range bound the last four months of trading and is now sitting just below the upper boundary of the range. Interestingly, multiple Inside Day relationships have also formed, which means we could see a major breakout opportunity ahead for this stock. Check it out..
