The Nasdaq closed above that 2,157 level that I talked about this morning and just like that the chart looks much better (The S&P 500 chart looks very similar). It’s like all that ugliness in August never happened. Still, I would have liked to see more volume today.
I’m not seeing many stocks that I’d try if I was still swing trading but here a few which caught my attention tonight (disclosure: I’m long WFMI in my IRA):
Strange. Would have expected big volume on the indices today – especially given all the current context of drama and the first day of “Fall” trading.