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Weekly Market Recap Dec 16, 2018
by Mark Hanna on December 17, 2018 at 9:25 am
A significant selloff Friday had bears continuing to enjoy December and calls for the bulls for the Federal Reserve to save them. It's been a very long time since bears have had the upper hand for such an extended period. Volatility continues to be very high and the charts continue to say "remain in safety". The Russell 2000 - the laggard of 2018 - broke a yearly low set in February and the... […]
Weekly Market Recap Dec 09, 2018
by Mark Hanna on December 10, 2018 at 7:47 am
Bears are certainly showing the type of strength we haven't seen in a long time. A week ago at this time futures were surging on news of a "truce" for 90 days between China and the U.S. in their trade spat. But the charts were still not saying lovely things despite a major rally the week prior. And by Tuesday, darkness had descended back on the indexes, with another gut punch Friday. A... […]