2min chapter

Investing With IBD cover image

Ep. 214 Ken Shreve: Improving Portfolio Health With Medical Stocks

Investing With IBD

CHAPTER

The NASDAQ Composite and the Breakdown Over 12,000

The VIX was at a very low level before it kind of shot up over the last few days. And here we were tightening up on the indexes. What does that say to you? That tight action and then the break that we had yesterday? Well, I mean, just looking at the NASDAQ, when it hit that high of 12,000 to 27,. Then it really was kind of a gentle pullback to the basically the 21-day moving average.

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