Technology stocks have been ripping the last few months. Giddy up! Obviously, we are all doing things a bit different than just a few short years ago. We take pictures with our phone. We count our steps with a bracelet. We communicate via video...with our phone. And on and on. Current recommended portfolio has been overweight Tech. Continue to hold. QQQ is running into resistance; the high price print in March 2000, 120.50 (purple horizontal line on monthly price … [Read more...]
S&P 500 is Again in Uncharted Territory
The S&P 500 index has made another closing all time high. If you are not on this train and would like to be, there is a way to limit your risk buying at these levels. I have drawn in the support levels on the chart. Some of these price levels are more important than others. S&P500 Index ETF (SPY) daily The red horizontal line that is just below current price represents the previous high from May 2015. This is where price and momentum began to break down and resulted in some … [Read more...]
- « Previous Page
- 1
- …
- 3
- 4
- 5