What a stock market rally so far? Weekly review for week of April 1st – April 5th 2019

How do you know that the stock market is doing well so far?

Let’s look at the general market picture below

Screen Shot 2019-04-06 at 3.22.44 PM

we see the advanced decline line nicely surpassing the previous all times highs in the last one week!

what would some other sign be?

In the worst week for the top performing industry group (Software Group), it lost less than 1 % !!

Screen Shot 2019-04-06 at 3.19.52 PM

what about sectors, How did they do ?

Screen Shot 2019-04-06 at 3.20.05 PM

there has been nothing down – no sector was in the negative last 1 month and last 3 months !!

I am long on NQ and TQQQ

Have a wonderful weekend !!

 

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