Hi everyone, Unfortunately I will not have that much spare time to publish my weekend market outlook. Most of my weekend will be taken up by hosting the TraderLion Trading Conference In just a few sentences, breadth continues to expand as the biotech stocks continue to lead. We are also seeing traditional groups and tech rebound as well. This is constructive action from potential leadership stocks.
AZPN (Aspen Technology) above key moving averages, moving averages are stacked in an uptrend, and a TTM Squeeze on the daily timeframe. Catalyst - upgrade from KeyBanc Capital from 175 to 210. Watch tech sector for continued strength.
Stock Market Outlook and TraderLion Conference Day 1 Replay
AZPN (Aspen Technology) above key moving averages, moving averages are stacked in an uptrend, and a TTM Squeeze on the daily timeframe. Catalyst - upgrade from KeyBanc Capital from 175 to 210. Watch tech sector for continued strength.