Even if we do see a little recovery today, I suspect the tech stocks will need to see some more chop before breaking out again.
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In Sunrise Profits, Greg shares his thoughts on the market’s open and the media’s reaction to the virus.
In this Sunrise Profits summary, Greg gives his commentary on recent earnings news just as the market opens.
Once again, the Nasdaq screamed higher yesterday, leading the averages as popular tech stocks exploded to new highs. We don’t want to force anything in this environment. Our best bet is to let the market come to us...
It’s important to give the market a chance to settle in today, we don’t want to over-trade in this environment!
Take time to marvel at some of the action we saw today… it’s been a long time since the market has rallied like this!