February 7, 2018 glacierinvest

In light of recent events, I revisited my handy trend charts for the S&P 500 (SPY), the NASDAQ (QQQ) and the Russell 2000 (IWM).

In all three instances, large cap, tech and small cap stocks are still above important trend lines. So while volatility may be making a comeback, the trend for the major indices continues to hold. Everyone can take their fingers off the eject button for now.