Is This The Bounce?
That was the question raised by The Market Ear after Friday's close ("Shaky Market Confidence"). They noted that major indexes h***e fallen below their 50-day ***erages and are flirting with the 100-day ***erages.
NDX is trading right on the 100 day (well below the 50 day). Note the big trend line coming in here. These levels h***e been important earlier this year.
Let's consider Two scenarios, in the context of the Magnificent Seven stocks.
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If The Market Bounces From Here
In a post last week ("When To Buy Nvidia"),
When To Buy Nvidia
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We...
