Tag: VXN

NASDAQ News

As shitty as the economy may be, the NASDAQ looks like a buy to me. Risks remain high, but the situation’s changed, volatility is dropping and stocks are the rage. Consider nibbling at your favorite stock, Amazon (AMZN) might be good for a pop. No one can say how long this will last, and it…


3 NASDAQ Charts

Price is the only thing that pays, but it’s not the only thing to watch. Although the NASDAQ was up more than 2.5% today, 3 of my indicators remain bearish. Chart 1: QQQQ (NASDAQ 100 ETF) is falling with volume not seen since Lehman’s went bust, yet it remains above the November lows. This feels…