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TAM's Pedagogics: April 26th, 2011

Apr. 26, 2011 8:24 AM ETQQQ, SPY
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Seeking Alpha Analyst Since 2011

Kevin A. Tuttle is the CEO and Chief Strategist of the Money Management & Capital Services firm Tesseract Asset Management, LLC (TAM). TAM serves as the General Partner of Long/Short Equity & Alternative Investment Hedge Funds and operates a Capital Services division oriented toward small & medium size companies seeking capital. TAM also owns the registered investment advisory firm TAM Portfolios, LLC (TAMP), which offers Mr. Tuttle’s unparalleled Long Only Growth Portfolio (LOGP) Separately Managed Account (SMA). Over the last 2 decades Kevin has become an industry-recognized technician and has distinguished himself with his signature 100-Year Market Theory and corresponding Dow Chart. His unique quantitative and technical approach to managing assets has lead TAM's growth and success since its inception.
Given the enthusiasm of the pre-Easter week, yesterday must have been the proverbial hang-over. As the title of one of William Shakespeare’s Comedies, it was ‘Much Ado About Nothing.’ The volume and action left most traders waiting and waiting for final resolve. As it stands if the volume continues to be this lackluster, it’s more likely the gaps from last week will be filled, rather than a bust topside. However, if the markets (SPX & NDX) can accomplish this feat, watch for volume and follow-through.
NDX Daily

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