AI
Wednesday, October 30, 2013 11:41:33 AM
Rotation or just over due profit taking in TSLA...AAPL went through a real nice down cycle this past year when news was still relatively positive...
http://www.stocktradingtogo.com/2013/10/29/sttg-market-recap-october-29-2013/
Another day the market is open and goes up. Essentially the same story as the entire month of October - there have only been 2 down days since this rally began in the S&P 500. The S&P 500 gained 0.56% and the NASDAQ 0.31%. Nothing really new to add to the overall market analysis here; we are in a major uptrend of parabolic nature, and you are seeing rotation under the surface as different groups take turns being leaders each day. No one is worried much about tomorrow's Federal Reserve decision as there is zero expectation of nothing but full steam ahead from the Fed.
http://www.stocktradingtogo.com/2013/10/29/sttg-market-recap-october-29-2013/
Another day the market is open and goes up. Essentially the same story as the entire month of October - there have only been 2 down days since this rally began in the S&P 500. The S&P 500 gained 0.56% and the NASDAQ 0.31%. Nothing really new to add to the overall market analysis here; we are in a major uptrend of parabolic nature, and you are seeing rotation under the surface as different groups take turns being leaders each day. No one is worried much about tomorrow's Federal Reserve decision as there is zero expectation of nothing but full steam ahead from the Fed.
“A man cannot directly choose his circumstances, but he can
choose his thoughts, and so indirectly, yet surely, shape his
circumstances. James Allen, As a Man Thinketh
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