Ugly Picks
Dear Diary,
Today was a pretty bullish day - the market has rebounded nicely from the deep sell off on Friday. The Nasdaq looks to have held its 50dma and its up trend line. I am optimistic about new highs in the future. However, a break of 2241 would be bearish. The QQQQ is also holding onto its up trend line since October, while feeling resistance at the 50dma.
The volume today was nice, I would like to see it break over the 50dma strongly. That would be evidence for higher highs.
NDAQ and GROW, both on the top 10 list for alpha, rose strongly.
I used to love CMG burritos until I realized that they have all the fat and calories of a big mac.
Don't forget to vote for the stock market blog remainder contest!
Comments
Thanks for the support - yes, the google ads are pay per click. The blogads are paid per week or per month, not per click.
hey ugly got a quick question about supporting blogs like you and chairman. If i click on an ad do u get a paid every time? So say if i click on it a bunch of times in a row and let it load in different windows. Just trying to better support my bloger mentors ;)