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Market Wrap (recording & summary) – If, Then… Market Timing

Market Wrap (recording & summary)

By Rod David | January 13, 2017 - 4:23 pm

Thursday afternoon’s traction was fulfilled not just by Friday morning’s surge, but by maintaining its probe above Thursday’s highs. Thursday’s entire session had developed in negative territory, so it was a weak base for launching a rally. Perhaps that was as responsible as pre-holiday illiquidity for inhibiting the surge from extending higher. Regardless, it will be partially responsible for causing this leg to reverse down sharply if first extends to probe new highs.

Details and other markets coverage are discussed in the post-market Wrap recording here.

REMINDER: No Saturday Review this weekend. Try to enjoy the weekend, anyway!

Posted in Market Wrap, members-only, S&P