Above the 40 (June 7, 2017) – A Disarming Calm Ahead of Trifecta Thursday
AT40 = 47.0% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 54.4% of stocks are trading above their respective 200DMAs VIX = 10.4 (volatility index) Short-term Trading Call: cautiously bullish Commentary At the time of typing, financial markets are carefully stepping into “Trifecta Thursday” – or maybe not so carefully … Read more