Markets behaved admirably for the second straight day, as the Nasdaq continues to better its rival S&P 500. Wednesday it reclaimed its 200 day SMA, today it stopped right at its 50 day. It has now recovered precisely what it had lost to the day of the election 11/6 the Nasdaq closed 3011.93. Today remarkably it finished 3012.03. The S&P 500 closed just beneath its 50 day SMA as well today. Giving credence to the recent uptrend we had more Read the Rest…
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Douglas J Busch