Coming up Roses

As of yesterday, pretty much everything we’ve been talking about over the last month blossomed. We were looking for the S&P 500 to take a run at 4100. It did even better, closing yesterday at 4179. We were looking for Amazon (NASDAQ: AMZN) to make a convincing move above $100 that would carry it up to $110. Amazon finished yesterday at $112.91.

Tomorrow’s Trading Plan

Back on January 4 and January 7, I was looking at the potential for the stock market to put together a decent rally. Well here we are on January 16 and stocks have been acting downright frisky.