AI Stocks Ready To Run
The market tested the breakout last week and it held.
PRE-OPEN MARKET COMMENTS TUESDAY - If the breakout to a new all-time high in August was purely mechanical we would have seen stronger selling pressure. Asset Managers wanting to reduce risk into September and October would have been more aggressive and they would have taken advantage of that price spike and smacked it down. Nice red candles would have taken out SPY $760.40 and a move below that price would have shaken out bullish speculators. That window passed and support held.
Daily Bulletin Continues...