Health.Market March 15, 2021
A bullish week in a bullish market It is healthy to sustain a correction in a dramatically overbought QQQ without crashing the whole market SMIDs
A bullish week in a bullish market It is healthy to sustain a correction in a dramatically overbought QQQ without crashing the whole market SMIDs
The stock market appears to be in a transition from the acute Covid response to a life with Covid where vaccines are impactful and broader
We seem to be in the early stages of the market s transition from full Covid impact to continuation Covid with vaccines There was really
I think the main thing to worry about is whether or not we should be worried As previously noted either continuation of prior trends or
This week saw an echo continuation of the prior week s extremely strong bullish move There were no specific changes in trends except perhaps the
Big tech earnings fiscal stimulus vaccines conspired to rally stocks Tech and SMIDs drove the gains Stocks + Treasuries + US dollar + commodities +
The market made a rapid reversal that has weakened the short term upward trend in the indexes The significance of GME while entertaining is still
US equities hit new highs on most of the indexes Upward momentum is waning and the internal market dynamics are corrective in nature Biotechnology firms
The US equities are trying to deal with so much liquidity and an extreme bullish sentiment that we are just sloshing and whooshing Good for
Last week for stocks was more or less a continuation of what had happened from November onward One hopes with resolution of some things we
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