The Traderszone Network

Published in TZ Latest News 24 October, 2014 by The TZ Newswire Staff

Stocks Add To Recent Gains; Nasdaq Retakes 50-Day Line

Stocks advanced in quiet volume Friday, as the Nasdaq closed above its 50-day line for the first time since late September. The Nasdaq and the S&P 500 rose 0.7% each. The IBD 50 led with a 1.2% gain. Volume fell across the board. The Nasdaq retook its 50-day moving average, but further testing is likely. The S&P 500 remains just under its 50-day line. Meanwhile, top-rated stocks continue to show strong price-and-volume action.

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