In last week's column I discussed the recent breakout from 10 weeks of investor indecision by the Nasdaq Composite Index and said it targeted an additional 4.5 percent rise to 5,050. The so-called comp has already gained 62 points, or 1.3 percent, in just the past week. So far, so good.
Meanwhile, a previous call that I made on a Nasdaq Composite constituent stock is reinforcing my outlook for the technology index.
