May 13 2018 - Bulls Taking Back Control

The bulls made strides this past week as IWM (Russell 2000 ETF) hit new all-time highs, while SPY, DIA and QQQ closed above previous swing highs. $VIX fell to 12.65. This all adds up to the bulls having the edge as the week begins. Keep an eye on the 200-day SMA to the downside if selling comes back into the market.

We also discuss, SMH, XLF, XLU, SYMC, FB, AAPL, AMZN, NFLX, NVDA, GOOGL and more.

Happy Mother's Day to all the Moms out there!

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