Stocks jump and Dow Jones and S&P500 break to new all time highs.

Category1 1 Minute

Hi everyone! Stocks jumped unexpectedly this week, and the move looks like it will continue since new highs have been broken. However, QQQ has not broken to a new high yet as you can see in the weekly chart below. Something to watch out for is the bearish divergence on the weekly chart. 

QQQ weekly 6_23_2019.JPG

Published by bigfry

Hi, I’m Nathan. I graduated from Boston University in 2020. I majored in Finance and minored in Piano Performance. I’ve always found the financial markets fascinating so I decided to start this blog to share my experiences with you. Outside of stock trading/investing, I enjoy teaching and playing piano, teaching and playing Go, fishing, watching anime, and playing poker (NL Texas Hold 'em).

Published

Leave a Reply

Fill in your details below or click an icon to log in:

Gravatar
WordPress.com Logo

You are commenting using your WordPress.com account. ( Log Out /  Change )

Google photo

You are commenting using your Google account. ( Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. ( Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. ( Log Out /  Change )

Cancel

Connecting to %s