Oct 30 2018 - Stocks Pop But...
Stocks did jump higher today but one key component was missing... volume. And, while DIA, SPY and IWM did finish above their short-term 5-day EMAs, the QQQ's could not. Caution is still warranted at this time.
Facebook (FB) announced earnings after the bell and is only up about $5 in after market trading.
We also discuss AOS & XHB (Home builder ETF) bullish engulfing candles, along with NVDA's big move, IBM's drop, KO's jump to new all-time highs and UAA, SMH, IYT and more.
Have a great day!
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