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Our research draws its market bias from a combo of Fundamental and Technical evidence. Economic and earning trends are matched against our analysis of price and volume charts, giving us an indication of how friendly or unfriendly the market is behaving. The goal is to identify top growth stocks... More
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  • Cautious Bulls 0 comments
    Aug 9, 2010 6:47 PM | about stocks: DIA, SPY, QQQ
    Good news for Bulls is the major indexes are hanging solidly above their 200-day moving averages.



    While sell-volume has dominated over buyers the last few weeks, the overall low count, which often accompanies summer days, doesn't give us much to go on.

    We've been Cautious Bulls, not really stepping up to buy much, as we wait for stronger signs of a Bull to present themselves.

    Stay tuned,
    Dan
    thegrowthstockreport.com

    Disclosure: Long: MELI Short: DESK
    Themes: Growth Stocks Stocks: DIA, SPY, QQQ
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