Saturday Review Link
Friday’s early rally fizzled, faded and fell. Is it a sign of toppiness? A lot of selling pressure was expended, and a lot of lower support held its test. NDX hardly rallied compared to S&Ps. S&Ps barely fell compared to NDX. The Dow beat them both. So, speculation crushed, while rotation into blue chips is strong. Friday’s fizzled rally is the least of the market’s worries.
Be sure to join us by 9:30am ET for this weekend’s Saturday Review. After discussing the bigger picture and gaming out strategies for playing next week’s likelier opening setups, we’ll do instant analysis of any stock charts that you request… See you there!