Hello everyone, I hope you are enjoying the weekend. As we wrap of the month of May we are seeing NASDAQ continue to show strength being the best performer coming in at 3.11% gains. All other US Indices finished in the green as well, however, YTD we are seeing the Russell really struggle coming in with a YTD loss of 2.50%…and remember, the Russell typically leads the markets and is also a good barometer of the “Risk On” vs. “Risk Off” paradigm. In this weekly update I take a step back and spend some time on the a monthly chart of the SPX and then we take a look at the key movement and trend change in the NASDAQ. You will enjoy this update. For those of you that are not members, I would highly encourage you to “Click Here” and take advantage of one of our current special offers.
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