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Great Start To The New Month

Published 11/03/2015, 03:35 AM
Updated 07/09/2023, 06:31 AM

”When I was young I thought that money was the most important thing in life; now that I am old I know that it is.” Oscar Wilde

A very solid and strong start to the week as iShares Russell 2000 (N:IWM) is joining into the party once again and confirming the SPDR S&P 500 (N:SPY) and PowerShares QQQ Trust Series 1 (O:QQQ) moves with QQQ leading, which is always best.

I bought a few more stocks today like NETGEAR Inc (O:NTGR), Biogen Inc (O:BIIB), and Supernus Pharmaceuticals Inc (O:SUPN) so I’m very heavy into stocks now and would love to remain so for months to come if they let me.

SPY Daily Chart

SPY is breaking out well although volume isn’t spectacular, but the action is great so far. Heavy volume will be ideal and very positive as we move into new highs in the weeks ahead most likely.

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