Greetings from my home office, where it’s three in the morning and my dogs are wondering what in the name of God I’m doing up. Well, I’ve been coughing a lot – – so much so that I couldn’t sleep – – but was pleasantly confronted with huge splashes of red across the screen.
It seems that blowout earnings from AAPL and AMZN aren’t doing the trick. Like I’ve said here before (to some amount of derision……….) Bull Markets DIE on GOOD NEWS. And we’ve had a hell of a lot of good news. Anyway, I think the NASDAQ is poised for a measured move. I didn’t do a screen grab big enough to show the target.