Since summer, we have witnessed the market consolidating in a sideways, relatively narrow trading range. At writing more stocks are going up (trading above their 200-day moving average) …
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Since summer, we have witnessed the market consolidating in a sideways, relatively narrow trading range. At writing more stocks are going up (trading above their 200-day moving average) …
Q2 earnings season is nearly complete.
Earnings were mixed with big wins coming from the likes of Apple. The technology sector has been leading the market year-to-date (think tech ladden Nasdaq index).
Here is what the recent correction looked like, primarily in the last quarter of last year and the significant upward rally that took place during the first four months of this current year….