The Big IF

It's about 10am on Monday, and a post this early in the session usually isn't worth the paper it's written on. However, I thought I'd mention two things in the event that things change for the worse and the picture below really does last longer.

If the gap-n-run holds today -- and that's a big if -- the NASDAQ will have printed a bullish island reversal.





Buoyed by C earnings -- among others -- the BKX has bounded through both its 200- and 50-day.




Volume is strong.

best

dk