A Sharp Market Rebound, Too Many Stocks Left Behind – Above the 40 (February 7, 2020)
AT40 = 47.7% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 54.9% of stocks are trading above their respective 200DMAs VIX = 15.5Short-term Trading Call: bearish (from cautiously bearish) Stock Market Commentary The major indices managed to swing to all-time highs last week, but I still see signs of a … Read more