Wednesday, October 29, 2014

In Need Of A Break?

The market keeps running higher, we're now close to recent highs (Dow - S&P500) or right at those highs (Nasdaq). Only small caps are still lagging, but they outperformed on Tuesday with close to 3% gains. If you consider to go long here, be careful and use tight stops. Resistance is nearby, so expect some consolidation or a pullback.

No comments:

Post a Comment