Happy Days Are Here Again...

The Nasdaq (via the QQQ's) hit fresh new all time highs on Friday signaling 'happy days are here again' apparently. The Dow jumped 820 points and the S&P 500 tacked on 81 points.

While the current rally may seem disconnected from reality, the 20-day EMA has proven to be a fantastic guide on the way up. Keep an eye on this key shorter-term moving average for a sign the party is over.

I also cover AAPL, GOOGL, AMZN, FB, SBUX, MCD, DE, AAL, DAL, XLF, JPM, GLD and more.

Have a fantastic day,

Ron

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