The stock market made a very light attempt to push back through 1500 and
then climbed higher throughout the day. It's been interesting to see
the last week as the market has been able to move steadily higher as
Apple took a vicious nose dive. Even more interesting over the last two
days as Apple has moved higher, it has somewhat negated the correction
that the broader market was trying to put in. Value average now sits at
1487 and the S&P 500 is 20 points above that. I am losing a little
faith that I will see a correction to buy. But overall I am very happy
with the performance of the market as we have moved higher. Short term
momentum is amazingly sideways and long term getting stronger. I will
update Market Returns later this evening.
We are moving to stockmarketandi.com in three days.
No comments:
Post a Comment