Investors came back from the long weekend ready to buy as the S&P 500 closed above the 1900 level in impressive fashion. Nevertheless, many analysts and TV pundits still point to the number of reasons why stocks should not be this high and can’t go higher.
The environment has also been difficult for individual investors as the choppy action in the S&P 500 and the wide swings in the Nasdaq 100 have made them difficult to trade. Clearly, the broad market has been in a non-trending mode, but it is still possible to find and buy stocks that are trending.
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