$SPY couple of doji weeklies pic.twitter.com/aoIlA7GBSc — Mike Zaccardi, CFA, CMT π (@MikeZaccardi) March 15, 2024 π Todayβs Chart of the Day was shared by Mike Zaccardi (@MikeZaccardi). The S&P 500 logged its first back-to-back weekly loss since October, but both weeks have been virtually flat (-0.26% and -0.13%), leaving the index just -0.39% below […]
A Minor Pullback and the Abandoned Baby
This week, the market saw its fifth-largest pullback since the start of 2019. The S&P 500 peaked the day before Thanksgiving and fell about 2.80% over the following three sessions.Β We’ve been quite bullish on Stocks over the past few months, and this recent pullback hasn’t changed our outlook. If anything, we view it as healthy, […]