FLS Update: A Little Weakness Brewing… 04/11/2017

FLS Update: A Little Weakness Brewing… 04/11/2017

Market Update: Once again, what we told you in this report for the past few weeks, came true: watch the 50 DMA line! Earlier today, the major indices briefly sliced below that level before the buyers showed up and quickly defended support. Remember what we wrote last week, “the 50 DMA line is nothing more…

Week in Review: Stocks End Lower Amid Geopolitical Turmoil… 04/08/2017

Stocks ended slightly lower on the first week of the second quarter but, for now, the bulls managed to defend support. The two “big” market-moving headlines came from the Fed and President Trump. On Wednesday, the Fed released the minutes of its most recent meeting and it showed Fed officials want to unwind the massive…