Jerry Samet
02-25-2026, 07:15 PM
The market put in a strong session today with the NASD averages and tech stocks leading the way. The major averages opened higher and worked their way up the rest of the day. All the major averages finished high in their intraday trading ranges. The COMPQ and the NDX gained 1.29% and 1.41% respectively. The SPX rallied .81%. Volume was higher across the board. Leading stocks had a good day as well. The leaders index gained 1.75% on the day. The index closed in the lower half of its trading range on lower and below average volume. The market action today was strong and improved the picture. The action in the NASD averages qualifies as a follow through. Now that we have seen a follow through, which is very positive, we have to look to see how well it was confirmed. The %Es are in range and did confirm. The weekly Coppock has flattened out and much more upside from here will turn it up. That would really be positive. There was no Eureka signal today, but it could still come in the next week or so. NVDA reported after the close and as of this writing the stock is up just a little in after market trading. I would like to see a weekly Coppock to confirm today’s action, but the picture has improved quite a bit today. Jerry