May 6 2018 - Bulls Defend 200-day... So What's Next?

The SPY and DIA both defended their 200-day SMA's this past week once again. The 200-day SMA is definitely a technical line-in-the-sand. A close below that key institutional level could open up another wave of selling pressure. In today's video, we also outline upside targets as well.

It was revealed this past week that Berkshire added to its stake in Apple (AAPL), which helped send the stock to fresh new all-time closing highs on Frday.

We also discuss TSLA, FB, NVDA and the Consumer Staples ETF ( XLP).

Have a great week ahead!

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