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Very strong close for the market. The SPX and Nasdaq rallied big today, on increasing volume. The volume on the Nasdaq was huge (2.3 billion), and confirms a strong follow-thru to Tuesday's initial rally. This occurred on day 4 of the new rally, right on cue.
posted by J. Kahn @ 2:15 PM
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Jordan Kahn, CFA is the Chief Investment Officer of KAM Advisors, in Beverly Hills, CA. He is a frequent market commentator for numerous investment publications, and has appeared on CNBC and KNBC-Los Angeles. He is a regular columnist for RealMoney.com and has also been featured in TheStreet.com, Street Insight, Technology Investor, and Barron’s.
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