Closing Notes & Miscellaneous Trading Room Commentary

Yesterday's (Thursday) red close was the longest consecutive losing streak for the S&P 500 (8-days) since October of 2008 & today marked the 9th consecutive day of losses as the S&P 500 once again closed lower (along with all the Nasdaq, Dow Jones Industrials, & every other major large cap index) following a very feeble attempt for the markets to rally, with the major averages going green through most of the trading session only to be hit with selling into the close erase all of the earlier gains & then some. Nothing has changed in my near-term & intermediate-term outlook for [...]

Nov 4, 2016 4:40pm|Categories: Equity Market Analysis|Tags: , , , , , |4 Comments