Stocks Remain Strong: SHAK, AMZN, GOOGL
Warren Bevan | Apr 27, 2015 02:57AM ET
“Necessity is the mother of taking chances.” Mark Twain
Quite a quiet Friday with select stocks rocking including Shake Shack Inc (NYSE:SHAK) that we bought not long ago down at $50 and it is one of our largest winners lately.
Markets still look great and stocks are also set for more upside and it doesn’t hurt to see Amazon (NASDAQ:AMZN) and Google (NASDAQ:GOOGL) ripping on earnings and taking the NASDAQ well higher into new high ground.SPDR S&P 500 (ARCA:SPY) is holding above the breakout level so far but it isn’t moving and certainly not on heavy volume.
The type of volume we saw Friday is akin to Christmas or other major holidays and I don’t know why that is but we need to see large volume here for this breakout to really get going.
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