The Nasdaq shot to new highs this week, sweeping through levels not seen since the dotcom bubble. And while the market backed off slightly Friday, one trader insists it's the perfect time to buy.
"The Fed really fueled the rally this week by being much more accommodative than the markets were expecting," technical analyst Todd Gordon said Friday on CNBC's "Trading Nation." The Nasdaq and S&P 500 tracked for their best weekly gain in eight weeks during afternoon Friday trading. The Dow was on track for its best week since May 8.