Panic buying????
Looks like folks stuck on the sidelines are deciding they want a piece of the action and are racing to buy in the face of shorts looking to cover. The NASDAQ 100 is king-of-the-hill with a new multi-year highs; with tech once again leading, bulls will be able to rest a little easier this weekend. Markets need the small caps (i.e. Russell 2000) to break to complete the parameters necessary for a bullish market.
