I am watching the NasDaq ETF QQQ which appears to be in Stage 1. Look at this chart from StockCharts.
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I read the tape, not the news!
Tuesday, August 9, 2016
Weekly Market Update: Sunny Weather
The stock market is nicely in the green. I have been nibbling on some stocks and ETFs that appear to be poised for a rebound. When creating a watch list, look for stocks in Stage 1 then wait and see if they break out to Stage 2 with good volume.
I am watching the NasDaq ETF QQQ which appears to be in Stage 1. Look at this chart from StockCharts.
I am watching the NasDaq ETF QQQ which appears to be in Stage 1. Look at this chart from StockCharts.
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