Yes the market is setting new highs again on Friday and for the week. But be very careful. This market is pushing the envelope.
In today’s video I look at the Dow Jones Industrial Average (DJIA) daily and weekly charts. The DJIA has pushed to the top of its current pattern. What’s next? At what point does the picture change?
August 2015 was just a shot across the bow, showing you what can happen and how fast.
In today’s video I also look at Amazon (AMZN), Best Buy (BBY) and JW Nordstrom (JWN) in honor of Black Friday and Cyber Monday.
I provide my complete analysis of the markets in a 40 minute Weekend Market Analysis video.