Dear All: 1. There are 10 New Setups In This Week’s Report 2. Recent Media: Reuters: Wall Street to open flat as ADP jobs data boosts rate hike odds Wednesday, March 08, 2017 CNBC: Stocks Close Lower As Financials and Materials Lag; March Rate Hike Becomes More Likely Tuesday, March 07, 2017 Forbes: 5 Things Wall Street…
Dear All: 1. There are 10 New Setups In This Week’s Report 2. Recent Media: Reuters: Wall Street to open flat as ADP jobs data boosts rate hike odds Wednesday, March 08, 2017 CNBC: Stocks Close Lower As Financials and Materials Lag; March Rate Hike Becomes More Likely Tuesday, March 07, 2017 Forbes: 5 Things Wall Street…
Stocks finally snapped a very strong 6-week win streak as the market paused to consolidate the recent and robust rally. Small caps continued to lag and ended lower which is a sign of near-term fatigue. The Small-Cap Russell 2000 broke below its 50 DMA line which is not ideal in the near term. Meanwhile,…
Housekeeping: If you have any ideas on how to improve the service, or if there is anything you want us to add/remove, please reply to this email. We received a lot of great feedback and are working on implementing those changes soon. Market Update: Not much changed from our Tuesday update where we said…