Will Stocks Surge to End the Quarter?
09/16/2009 2:47 pm EST
As we noted last week, the A/D lines for the NYSE had confirmed the new highs and the NASDAQ soon followed. The A/D line is now rising more sharply, which is quite bullish, and we can see what happened in July. Therefore, sharply higher prices are possible into the end of the month/quarter as the pros scramble to buy.