Fed Leaves Rates Unchanged; Market Jumps: SPX, Nasdaq, GOOG, AAPL, RIMM, AMZN, JPM, FNM, PRU, WB, CSCO, PCLN
Posted on August 05, 2008 at 21:01 PM EDT
This weekend, in my Market Forecast, I said, “The market is fighting to make this recovery stick. Nasdaq tested its daily upper BB last week and its 10-day MA has gone above the 30-day MA. The 20-day MA has turned up. SPX, on the other hand, is seeing the 10-day MA above the 20-day MA, but, [...]