Last week, the S&P 500 hit a new all-time high as did the Russell 2000 and several other sector ETFs. Is this the last gasp move up for this old bull market?
The Internet sector ETF (FDN) that led the market higher earlier in the year did not.
Technology stocks measured by the ETF symbol XLK inched out a new all-time high as well. But can the markets ignore the relative weakness in what led - Internet?
The day to day news has caused some whippy gyrations, but buyers keep stepping up on every dip.
This market has been a bull phase for a long time, but is this the time to run?
Our market internal gauges have kept us and our subscribers on the right side of this market’s daily turning points every step of the way,
Let me show you a few charts that you will find interesting and trades that we put on Friday. And some that we closed last week.