Above the 40 (March 2, 2017) – An S&P 500 Attitude Adjustment and A SNAP Judgement
AT40 = 58.5% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 68.0% of stocks are trading above their respective 200DMAs VIX = 11.8 (volatility index) Short-term Trading Call: neutral Commentary And this is why I appreciate hedging…and using Caterpillar (CAT) as my most common hedge was particularly fortuitous today. On … Read more