Due to recent events, I probably won’t be posting for a few days. I will just say that from a quick look at the NASDAQ chart, it’s had an impressive move in price on unimpressive volume. It’s heading for the top of that downtrend channel (about 2015 today and heading down fast). My guess is that, barring any extraneous geopolitical news, the market hangs around near the top of the channel until we start to get the flood of earnings in a couple of weeks.
I’ll be back when I can focus on the market again.
