Possible sustainable NASDAQ-Breakout? (Index currently hovering over 5,000 points)
Intraday the well-known Bellweather-names Microsoft, Starbucks, Google are posting big intraday-gains.
NDX and COMP are both up in the green! (MSFT + 8%, SBUX +4%, GOOGL +3%)
Opening a LONG-position in the Nasdaq-Index may have an implicit 9% Risk (if one applies a Stop-Loss following the upward-trend-channel).
Regards Ralph
direct link to the "bigger picture": http://www.private-investment.at