This dreariness comes as the number of Nasdaq stocks hitting new lows expands.
The dollar had a reversal today, so let’s see if it can get any follow through on that.
04/28/16 - 07:09 PM EDT
No one wanted to acknowledge an overbought market, even though signs existed several weeks ago.
Despite the Nasdaq’s decline for so much of the day, breadth was impressive
The only way to view this market is as an inverse of 2015.
Here is why it hasn’t been limited to one direction.
04/24/16 - 05:52 PM EDT
Yet, admittedly, they tried to take ‘em down on Friday and couldn’t.
Weaker utes over time are not bullish for the overall stock market.
This move is important, because utilities are a leading indicator.