Both the Nasdaq composite and the S&P 500 rising 0.6% in lower volume.
The major stock indexes strengthened a bit during the final hour of trading after President Joe Biden announced a ceasefire agreement between Israel and Hezbollah.
After big gains since Election Day, investors don’t need to ramp up exposure. Be patient, and picky. Don’t buy extended stocks or the third- or fourth-tier names flashing buy signals while group leaders are well advanced.
Stocks To Watch
NETGEAR (NTGR)
Follow and go up along MA10 line. Following this line will help you hold the leader stocks.
Dave (DAVE)
Stocks forming a flag pattern, suitable for swing traders.
A10 Networks (ATEN)
The stock has been seeing impressive buying power lately, with an increasing number of funds holding it.
Herc Holdings (HRI)
Leader pulls back in order to MA10, then bounces strongly with volume confirmation.
Embraer ADR (ERJ)
