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Originally Posted by coolhand

The bulls came out swinging today, as price gapped higher and stayed elevated throughout the trading day.




The charts are sporting fresh highs on a bit more volume.



Breadth remains bullish.

It hasn't been a rocket ride, but NAAIM's bullishness has been correct as far as the market is concerned.

I remain bullish.

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Stocks went on a wild ride on Friday, opening higher after those better than expected earnings reports from four of the FAANG companies after the bell on Thursday. Those early gains dwindled in early trading, but not for long as the buying resumed in the afternoon, and the indices skyrocketed into the close, closing at the highs of the day. The Dow gained 115-points, while the Nasdaq and S&P also added impressive gains, but it wasn't all blue skies as the small caps and I-fund lagged quite ...