Fill The Gap and Bounce Right Back?

This column is my opinion and expresses my views. Those views can change at a moments notice when the market changes. I am not right all the time and I do not expect to be. I disclose all my positions clearly listed on the page, and I do not trade my account on the stocks spoken of in this column unless fully disclosed. If that does not work for you stop reading and close the page. Do not bother me or harass me.

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Market Moving Higher

Daily Write-up

Fill The Gap And Bounce Right Back? Perhaps. Gap is Filled

fill the gap

(Interactive Brokers TWS)

Semiconductors ($SOXX), Tech ($XLK), Biotech ($IBB) are up
^SPX Chart

^SPX data by YCharts

With the generals leading the way higher.
^SPX Chart

^SPX data by YCharts

 

The Yen is reversing, as fear subsides

(Interactive Brokers TWS)

…Have a great afternoon.

Michael Kramer and the clients of Mott Capital Management, LLC own shares of GOOGL, NFLX, and TSLA

Mott Capital Management, LLC is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Upon request the advisor will provide a list of all recommendation made during the past twelve months. Past performance is not indicative of future performance.