SPY and QQQ had a minor pullback once they reached their 200-day moving averages, but under the surface, we continue to see mostly positive price action. Dip buyers continue to be firmly in charge. Momentum stocks are still breaking out and holding their earnings gaps.
Here are a few anticipation setups for next week in stocks with very high relative strength: NYSE:NOW, NASDAQ:GHDX, NASDAQ:AMRN, NYSE:BHVN, etc.