Stock Market Index Review 7/10/2011

Evening folks. What a great week in the markets last week. Amazing trading opportunities all around especially with such strength in the markets. there was a constant bid under the market all last week leading to some amazing breakout opportunities. The qqq’s led the way last week up almost 3.5% followed by uncle ruseell iwm up 2.81%. the spy trailed up 1.84% for the week. This is what we want to see during market runs we want to see the nadaq and russell lead the way that tells us that spec money is flowing.  This is important for the type of trading we do to know and understand when traders are increasing their risk profiles and the money flow goes over the spec side.