Weekend Update: Is This Just A Dead-Cat Bounce?

Weekend Update: Is This Just A Dead-Cat Bounce?

The lack of normal pullbacks in 2017 finally gave way this past week when stocks fell hard on Tuesday with the Nasdaq doing something no index has ever done before–hitting a new all-time intraday high and new 1-month low all in the same session. The good news,...
Weekend Update: Bullish Sentiment And Negative Divergence

Weekend Update: Bullish Sentiment And Negative Divergence

Stock indexes staged another bullish intraday reversal on Friday with the Nasdaq and Russell 2000 leading the move to the upside. Unfortunately for the bulls, the market’s inability to rally at the start of the day following the bullish post-jobs gap up was more...