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Don't Worry About The NASDAQ

By Tim KnightStock MarketsMar 13, 2018 01:14PM ET
www.investing.com/analysis/dont-worry-about-the-nasdaq-200297732
Don't Worry About The NASDAQ
By Tim Knight   |  Mar 13, 2018 01:14PM ET
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At first glance, it would seem the swift swoon on the NASDAQ was kind of a big deal, since it’s been such an unstoppable monster lately.

Nasdaq Composite
Nasdaq Composite

But in the grand scheme of things, it’s nothing. Unless we break 7000, the bulls are large and in charge.

Bullish Nasdaq
Bullish Nasdaq

Of far more concern to me is bonds. If this base completes and starts flying higher, the core of my thesis is in trouble.

Bonds
Bonds

Don't Worry About The NASDAQ
 
Don't Worry About The NASDAQ

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Mar 13, 2018 2:39PM ET
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Since you don't go with the trend, you should expect to keep making losing trades
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Sergio Perez
Sergio Perez Mar 13, 2018 2:39PM ET
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You also have to remember in what time frame he is looking at, since your daily downtrend could be his weekly uptrend. It's all about perspective.
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