WEEKLY MARKET DIGEST: NASDAQ AT ITS BEST LEVEL IN 13.5 YEARS BUT RISKS ARE RISING, GOLD MOMO CROWD BUYS INTO RESISTANCE $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. )
NASDAQ AT ITS BEST LEVEL IN 13.5 YEARS BUT RISKS ARE RISING, GOLD MOMO CROWD BUYS INTO RESISTANCE
February 21, 2014
Nasdaq is at its best level in 13.5 years. S&P 500 is close to making a new high. However as explained in yesterday’s morning capsule, risks have risen.
Gold momo crowd is back buying heavily into resistance. As has been the case over the last three years, the behavior of the momo crowd is nontraditional. … Please click here or the title below to read more.