Ignore the headlines. One day of profit taking is not a trend.
PRE-OPEN MARKET COMMENTS WEDNESDAY – The market was not able to challenge the all-time high last week and that is a small sign of resistance. Year-end window dressing ran its course and we no longer have that support. We saw some profit taking yesterday and the S&P 500 is down 20 points before the open. We will test the low from yesterday this morning.
Daily Bulletin Continues...
Want Full Access?
Become a MemberStart Free Trial
No credit card required.