The markets made strong moves higher today, after pushing and pulling against themselves for a couple of weeks now. The Nasdaq has been the exception, however, as it is broke into new highs today.
We are still in earnings season and will continue to see results as they are posted. The market sentiment appears to be making a push to the upside, as economic indicators continue to show stability. We will see a decent amount of economic results over the rest of the week leading into next week's FOMC announcement (scheduled for Wednesday, February 1st).
See you on Wednesday's Mid-Week Trading Room Update class!
Have a great night,
Your Maverick Trading Team
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