Real Rally or Just Bull Ticks?
The bulls managed a nice gain last week and they only had 70% of the usual time to accomplish it. Nonetheless, it was a solid advance with several of the indexes going 4-for-4. Impressive stuff! Of course there will be lots of skeptics who argue that the volume wasn’t good enough to justify the move, but the volume is widely expected to be light every year during the July 4th week. Not to mention that price is always far more important.
Be sure to check out this week’s Market View page over at TheStockBandit.com for a closer look at the indexes for more of my comments. And don’t forget to sign up for the the Free Trading Newsletter to catch tomorrow’s issue before you start your trading week.
Trade well this week!
Jeff White
President, The Stock Bandit, Inc.
Swing Trading & Day Trading Service
www.TheStockBandit.com
[tags]Stock Market, Day Trading, Stock Trading, Investing, Swing Trading[/tags]