A pause/consolidation for stocks looks more likely now.
Shares were up and the yuan posted its largest one-day gain since the end of a U.S. dollar peg.
I see the demand side getting stronger. But it's the supply side that's got me dubious.
Is the correction over or are we poised for another leg lower?
That's why ETFs make sense here.
This is a very healthy market and some consolidations and pullbacks would be advantageous for trading.
The pandemic has contributed to this group's outperformance. Here's the play.
Let's review the charts and indicators.
The gauntlet has been thrown. Let the games begin.
Liquidity combined with a 'Climb the Wall of Worry' is a very powerful force that is likely to persist.