Archive for April, 2013

Uptrend – April 29, 2013

The stock market entered into a new uptrend today with the Nasdaq breaking through 3,300 and setting a multiyear high not seen since Nov. 8, 2000.

Downtrend – April 18, 2013

The market went into a downtrend again yesterday with all major indexes falling hard on high volumes. The Nasdaq closed below it 50 day moving average for the first time this year.