Tag: Index investors

Walking The Line, Buying Time
April 11, 2023 No Responses

Walking The Line, Buying Time

The NASDAQ is walking the line of support between continuing its recent run higher or possibly heading for some profit taking. The good news is that the initial reward-to-risk ratio strongly favors bulls right now. To the downside, the index...
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Is V For Victory?
April 4, 2023 No Responses

Is V For Victory?

The NASDAQ completed a V pattern last Friday as the index hit 12,250. Looking at the past year, it’s fairly straightforward from here from a technical analysis perspective. As you can see on the chart below, 12,500 acted as a point...
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Up Is Down And Bad Is Good – Say What?
December 6, 2022 No Responses

Up Is Down And Bad Is Good – Say What?

The indecision continues to bother me. Wall Street isn’t sure what to do. Last Wednesday, the NASDAQ zoomed from the bottom of its technical trading box to the top. Strong volume accompanied the power move, giving the appearance of strength....
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