Nasdaq Leads Impressive Day Of Gains On Slightly Higher Volume That Is STILL Well Below Average; NYSE Slowest Day Since December
Read the full article: http://www.bigwavetrading.net/nasdaq-leads-impressive-day-of...
I don’t know what I can say about this market that has not already been said. I find it very difficult to BS about the market when there is nothing to BS about. But I will give it a shot.
I do not like seeing the IBD 100 lag the Nassy on a day of such strong gains. The other thing I do not like seeing is the impressive gains on much lower volume with the NYSE having its lowest day of volume this year. This is a clear sign the big boys have no interest in buying this market. However, as you can tell via my recent longs, there are a few stocks they are still interested in buying. That is why this is still a stock pickers market and thank GOD I can pick them!
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