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Trading opportunity: These two sectors are acting well and zooming higher
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Thursday, April 30, 2009
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From Bespoke Investment Group:

As the market rallies more than 2% today on the back of a strong Personal Consumption report, two sectors have actually broken above their 200-day moving averages for the first time in a long time.

As shown below, Consumer Discretionary and Technology both broke above their 200-days today. This is definitely a positive technical formation for the two sectors...

Read full article (includes charts)...

See how Steve Sjuggerud is trading tech stocks:

Trade these stocks on the long side and make huge gains this year

Topics: Trading Ideas | Stocks
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