24Oct3:50 pmEST

Visa: It's Everywhere a Bull Market Wants to Be

Visa is the marquee firm reporting tonight after the bell.

Judging from the monthly chart, below, it is likely going to be tough for bears to really wreck the type of havoc they want to on this market unless and until we see that steep multi-year trend begin to show fatigue. So, I am keying off the reaction in Visa not just tonight but also the rest of the week for clues. 

Overall, fund managers look to be piling into the big Nasdaq stocks like FB GOOGL NFLX and company at the expense of biotech/healthcare names, as well as the likes of GPRO which looks terrible. 

More in my recap after the bell. 

A Classic Look Stock Market Recap 10/24/16 ...

 
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