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S&P back above 2600 like I said. Nasdaq above 50 dma.

Summary:
S&P closed above 2600 after brief pause, just like I said. Nasdaq back above 50 dma for first time since Oct.

Topics:
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S&P closed above 2600 after brief pause, just like I said. Nasdaq back above 50 dma for first time since Oct.


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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