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Economic Data Very Strong!

Thursday, January 19, 2017
Filed Under Option Trading Articles 

The Nasdaq continues to show leadership just off of its all-time highs and in a nice upward trend.  Strong earnings from companies like Netflix (NFLX) has helped, and so has a recent surge in Apple (AAPL).  The S&P 500 and the Dow are more locked up in a very tight trading range showing just a…click to read more.

The Nasdaq has taken the lead over the other major U.S. markets in terms of bullishness, having had seven straight winning sessions while continuing to make new highs.  The S&P 500 and the Dow have stubbornly held off breaking to new highs, but are within very close striking distance.  Market sentiment is only moderately positive. …click to read more.

All major U.S. markets sagged in the final week of 2016, rebounded the first couple of days of the New Year, and now hover just below recent highs.  The Dow chart looks the best, and appears to have a good fighting chance to crack once again to new highs.  The overall sentiment has slipped from…click to read more.

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