Monday Nov 16 2015
In the 1970s it was the Nifty Fifty, now it's the Fab Five. Goldman reports Google, Microsoft, Facebook, Amazon and GE kept the market barely positive this year. Otherwise it would be down 2.2%
In our weekend update we suggested the market was ending a third wave down on the 2 hour chart. As Wave Two on that chart was sideways, we suggested there could be a strong rally, bingo as I write a 1:14 CST, the dow is up 188.
Comments