It Was a Bad Week To Stop Sniffing Glue

S&P 500SPXA50R: % of stocks above 50 day moving average (red line)The blue vertical line shows Monday’s all time high in the index versus SPXA50RThe rotation out of the momentum stocks to defensive stocks was a non-event for the Dow:% of stocks above 200 DMANasdaq 100: Large Cap Tech and Biotech:

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It Was a Bad Week To Stop […]