The market ended the month with another strong day, although there was some profit taking going into the close. But what a month March was, just look at the move from the lows early in the month.
It’s hard to imagine this could continue without at least a rest soon.
There were two triggers from the Watchlist, […]
The market continued lower from Friday. Although the indexes were down considerably, the market avoided a distribution day by closing down on lower volume.
Although the pullback was on lower volume, and the S&P closed above its 50-Day MA, the technical damage calls for more downside from here.
Not all stocks moved lower. Last week’s trigger, MYGN […]
The market pulled back on Friday, with the major indexes being down around –2%. The pullback was on lower volume, and some profit taking is certainly expected at some point. So Friday’s action offered no reason for panic. But as seen in this chart, the market has been on a steep rally since the lows […]
