Above the 40 (March 17, 2017) – Financials Continue Drag As Hints Of A BULLISH Divergence Emerge
AT40 = 50.3% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 63.3% of stocks are trading above their respective 200DMAs VIX = 11.3 (volatility index) Short-term Trading Call: neutral Commentary After the U.S. Federal Reserve hiked interest rates, the market’s expectations on future rate hikes relaxed a bit. That relaxation … Read more