Greetings from my home office, where it’s three in the morning and my dogs are wondering what in the name of God I’m doing up. Well, I’ve been coughing a lot – – so much so that I couldn’t sleep – – but was pleasantly confronted with huge splashes of red across the screen.
It seems that blowout earnings from Apple (NASDAQ:AAPL) and Amazon.com (NASDAQ:AMZN) aren’t doing the trick. Like I’ve said here before (to some amount of derision……….) Bull Markets DIE on GOOD NEWS. And we’ve had a lot of good news. Anyway, I think the NASDAQ is poised for a measured move. I didn’t do a screen grab big enough to show the target.
