Thursday, April 7th, 2016

Current stock market going higher

The market $SPX climbed up over the 50 day moving average comfortably. So did all the indexes in the market. Which makes this move stronger and and solid. The market is still hounded by the Fiscal cliff which can destroy all these advances. This is not a time to be comfortably numb. Staying aware and nimble and close camp on dime and go the side lines is the best strategy. These markets are held hostage to the Washington DC and the rhetoric coming out of that place. Doing nothing will be not the best stratgey m because you will miss some good moves in many stocks.

All the indexes are up above the 50 day line here. Many stocks are above their 50 day moving averages, GOOG,CELG,EQIX,LNKD,NSR. These are all bullish stocks and they have moved up nicely.

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