As what I told Clive yesterday that individual stocks still have opportunities and some of them are still strong, the Nasdaq just reversed and shot up to all time high where most underlying stocks were also moving up in tandem. The theme in play now are mostly tech stocks as many stocks have signals for good trading opportunities like yesterday. Some NYSE stocks were also pretty bullish like the tech growth sectors with high valuation as observed in the Top 30 Volume. The downside is as the market trended higher and shot past new highs, many sellers were also looking to perform hidden unloading on the rising price before a market correction emerged. I think the game plan now is to do short term trading with the right theme stocks so as to reduce unnecessary mistakes which one will regret later.
