Online Stock Trading | Follow through…

Follow through…


Filed Under Market Commentary |

Stocks rallied across the board, Fed’s beige book got things rolling.  NASDAQ/Russell 2k lead the markets.  HI/LO was at an amazing 6 to 1 clip, adv/dec was a shade under 2 to 1.  NASDAQ had 2.1+ billion shares traded by the session’s end.  Great day for stocks, still I’d love to see another follow through day in the next 3 to 7 trading days.  I am curious to know how the MSM covered today, as the Russell 2k hit an all time high, again!  Not too mention the S&P has hit new highs 5 times in the last 5 months.  But it is still gloom and doom I bet as investor’s wallets keep growing.  Hooray for capitalism!
 
Top 30 had an excellent day, up 1.57% from yesterday, 3.71% for the week. 
 
Buy list is up 6.51%, ATRO however was stopped out…leaving with a 8% loss.  RACK/HANS/CYBS continue to be big winners 13.67/13.37/12.5% respectively.
 
Since I am fairly new at this, for next week’s new buys I’ll make sure to keep track of when the security hit its buy mark…my apologies. 
 
Till next time…
 
MktSpec

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