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My Thoughts by TradesAfterWork - Nov. 8

My Thoughts...
The Bulls got it done; all three of our trend indicators, the short, intermediate and long-term, are positive. The Market took off this week with the Composite being up an unbelievable +9.01%. The S&P 500 Index was up +7.32%, and the Dow Jones 30 was up +6.87%. I would be surprised if the market didn't take a little bit of a refresher since the weekly price action of all 3 indexes look more like a 1 year performance. And, after all, stocks don't grow to the moon.


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