fb
X
X
Tired?
Unfocused?
Off your game?
Read our free, updated as of Mar 3, 2022, Dr K report on how to optimize your mind and body so you can boost your focus when trading the markets.
YES, SEND ME THE REPORT !
Meet Dr K !
Chris Kacher
  • Nuclear physicist
  • Stock & crypto market wizard
  • Blockchain builder
  • Bestselling author
  • Top 40 charted musician
  • Biohacker
  • Former computer hacker
YES, SEND ME THE FILE !
YES, SEND ME BOTH !
Your email will always remain private.

Market Lab Report - Premarket Pulse 6/23/15

Major averages rose yesterday but on lower, below average volume. Meanwhile, major markets around the world rose on hopes Greece would reach a solution on its debt issue.

The NASDAQ Composite and Russell 2000 look as if they want to continue their new uptrend while the S&P 500 and DJIA still look stuck in their sideways malaise. Since major markets correlate, the question is whether the NASDAQ and Russell 2000 will win the tug-o-war and continue higher which would presumably help both the S&P 500 and DJIA hit new all-time highs.

The healthy action of leading stocks seem to tilt the odds in favor of a new uptrend, but keep in mind that a number of profitable stocks over the last many weeks have come about during this sideways chop-and-slop market. So it seems the low hanging fruits continue to take the form of actionable stocks until proven otherwise. In fact, many leading stocks had already had strong moves prior to the NASDAQ's breakout to all-time highs last Thursday, demonstrating that investors would do well to focus more on the action of individual stocks rather than the uneven action of the indexes.

This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2024 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.
FOR OUR FREE MARKET LAB REPORT :
Copyright ©2024 MoKa Investors, LLC DBA Virtue of Selfish Investing.
All Rights Reserved.
privacy policy