Nothing Wrong With a Quick Profit
When it comes to overall market health, it doesn't make sense arguing with the trend of the major averages, which is upward for now.
Good news for the bulls is that higher-volume declines in the indices remain well contained. Institutional selling has been virtually non-existent. There are also a decent number of technical setups in individual growth names that bear watching. In addition, the Nasdaq Composite showed a bullish accumulation day on Tuesday, gapping up 1.2% in strong volume. It was significant action as the tech index re-claimed its 50-day simple moving average (SMA)....219 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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