Market Commentary
Investors remain on pins and needles as the market trades in a narrow range as anxiety about missing a potential huge surge on positive news is countered by potential chance higher tariffs go into effect in less than 24 hours.
Source: https://www.epainassist.com/nerves/pins-and-needle-sensation
The good news this session is the S&P 500 and NASDAQ have held above their respective 50-day moving average.
Market Taking a Stand |
S&P 500 |
NASDAQ |
50-day moving average |
2,858 |
7,830 |
Session low |
2,873 |
7,923 |
Market breadth is also much better today than Monday and Tuesday as advancers and up volume are edging out decliners and down volume.
I’m not sure what happens but I want to get long a couple great stocks that have pulled back with the board market before the Friday tariff deadline. Worst case we would be down for a moment only. If you are not a current Hotline subscriber, now is the perfect time. Click here to get started today.
Tweet |
3/28/2024 1:39 PM | Fruitful Quarter |
3/28/2024 9:50 AM | LISTEN TO THE MARKET |
3/27/2024 1:40 PM | Mostly Higher |
3/27/2024 9:32 AM | U-TURN? |
3/26/2024 1:08 PM | Everything Is Up |
3/26/2024 9:42 AM | TAPPED OUT (I HOPE YOU AT LEAST GOT A T-SHIRT) |
3/25/2024 1:33 PM | Not A Mutiny |
3/25/2024 9:35 AM | STAYING THE COURSE…BEYOND TECH |
3/22/2024 12:56 PM | Toll on Americans |
3/22/2024 9:38 AM | A TAD TIRED |
3/21/2024 1:55 PM | Building on Gains |
3/21/2024 9:30 AM | A COMFORTING FED |
3/20/2024 1:33 PM | Pivotal Moment |
3/20/2024 10:00 AM | HERE COMES THE FED |
3/19/2024 1:33 PM | Picking Up Steam |
3/19/2024 9:35 AM | RUMBLINGS IN THE BOND MARKET |
3/18/2024 1:48 PM | Mag 7 is Back |
3/18/2024 9:39 AM | THE PARTY IN SAN JOSE WILL BE LIT |
3/15/2024 1:38 PM | Realtors Settle |
3/15/2024 9:33 AM | AN UNEASY PAUSE |
3/14/2024 1:43 PM | Sticky Inflation |
3/14/2024 9:48 AM | GOING TO A GO-GO |
3/13/2024 2:16 PM | Taking a Breather |
3/13/2024 9:51 AM | ALL SO EPIC |
3/12/2024 1:42 PM | Marching Higher |
More commentary archives |
Home |
Products & Services |
Education |
In The Media |
Help |
About Us |
Disclaimer | Privacy Policy | Terms of Use | All Rights Reserved.
|