kaltbaum premarket
A simple thought process:
Big institutions refused to sell off of this recent gap to the upside. On top of that, many stocks broke out. And now, major indices gapping up today. That’s all we need to know for now. Change can occur at any time but right now, buyers remain with the upper hand. For sure, it has been the cyclical, economic, value stocks that have been moving. For example…wood products. Growth has lagged for the most part. This has been going on for many months.
Normally, I am loathe to even mention an FDX but that’s a big base with transports in gear. Also, LNKD is in play if it moves above range.
The service is in CRM,EBAY,EXPE,MA and any market proxies of your choosing.