When the big daddies of the stock market move like this, the smaller fish are likely to follow. Don't shoot if i am wrong but i am starting to get a feeling, we are setting up for a momentum run higher much like what we saw in first two weeks of september.
2 comments:
I hope you are right, but I do think BIDU and GOOG are not leaders, and OIH is just an ETF.
In my view XOM, CVX, MSFT, AAPL, JPM, F, GE, UTX, BA, POT, MON, PG, JNJ, WMT, T, FSLR are the leaders.
Btw GOOG is right at the top of the uptrending parallel channel.
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