The Traderszone Network

Published in TZ Latest News 27 April, 2015 by The TZ Newswire Staff

Polcari: What The S&P 500’s ‘Bearish Triangle’ Means

Stocks closed at new highs (again) on Friday – and with Nasdaq having broken out of its 15 yr slog – all eyes are focused on technology and they have not been disappointed….the latest in the mix were Microsoft (MSFT) – which traded up +10% and Amazon (AMZN) up 14% after both posted strong 1Q earnings reports….adding more fuel to the Nasdaq fire…… Now what is interesting is that analysts and strategists had prepared us for a 1Q profit decline of
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