Market Moves Constructive Despite Volatility

By Social MediaFOXBusiness

Despite the volatility lately, I think the market moves have been constructive. Why? Take a look at the chart below.

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1. NYSE Shows a Reason to be Bullish

2. Wait for a Gap to Fill

It’s sometimes hard to wait for a stock to fill a gap, but they inevitably do. Such is the case with Facebook (NASDAQ:FB), but I’d wait a bit before buying.

3. Amazon Starting to Show Weakness

Amazon (NASDAQ:AMZN) has been perhaps the strongest of the “FANG” stocks. But even it is starting to show weakness.  I think you can buy it again in the future, but not until it shows some strength. Back next week, and Happy Father’s Day to all the dads out there!

What do you think?

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