|Day Low/High||16.22 / 17.20|
|52 Wk Low/High||14.25 / 31.88|
If the macro issues calm down there should be some good trade opportunities.
But the fear of missing out is keeping a strong bid under the market.
Money is shifting to a narrower group of big caps, which is likely due to allocation decisions by large pension plans that are reacting to the Fed.
Not even dip-buying could save Monday as concerns lingered over a looming Fed rate decision following good jobs news and over reports in Chinese press of a lack of trade progress.
Despite steady selling Thursday the markets are not on the verge of disaster -- and thanks to several IPOs, opportunities are here.