Nasdaq Breached Its All-Time High At Closing

Commenting on the Nasdaq breaching its all-time high today’s trading Gorilla Trades strategist Ken Berman said:Q3 2020 hedge fund letters, conferences and moreNasdaq Breaches Its All-Time HighWhile the S&P 500 and the Dow showed weakness today, the Nasdaq breached its all-time high and closed at its highest level in history. Today’s session proved that the foundation of the rally is solid, as thanks to the Nasdaq’s rally, all of the large-cap benchmarks will spend Thanksgiving Day within 1% of their record all-time highs, and the same can be said about the Russell 2000.The key sectors continue…

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HEDGE accordingly