NASDAQ Continues To Rally
The NASDAQ continues to rally and show relative strength compared to the other indices. The NASDAQ moved higher today while the S&P and Dow Jones Industrials were actually flat on the day.
Last week I pointed out the relative strength in the NASDAQ and that is why I bought the Q's near the 50 day, but it looks like I got out a little too soon. I exited my long position on the close on Monday because we were close to my target and I'm looking to unwind my positions as we move into July and August. I plan on taking a lot of time off soon so I'd like to have on very few positions.
1 comment:
Hello Kevin
I absolutely love your work. I hope you wont be taking off for too long! But enjoy your holidays.
Best regards from Munich
Daniel
Post a Comment