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Originally Posted by coolhand

After 7 consecutive "up" days for the S&P, the market finally pulled back. It was due.




A moderate pullback is obviously healthy for the market and does virtually nothing to hurt the technical indicators.

Breadth dipped a bit, but remains bullish.

Futures are up early this evening, so maybe the bulls bounce back tomorrow. In any event, I see no reason to pull in my horns,

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The very large cap stocks and the small caps stocks led the way yesterday. The smaller large caps, and the midcaps weren't quite as impressive. the Nasdaq lagged again being one of the few indices down on the day. The Dow gained another impressive 358-points (+1.3%) and the Russell 2000 small cap index was up 1%. But our C and S funds, large cap and small caps, were up much less so the TSP funds are being a little left behind - particularly in small caps where you would think the S-fund would ...

Originally Posted by coolhand

The S&P has now risen 7 trading days in a row.




I've added a couple of months to the charts so we can keep an eye on the February peak. We can see that the market has actually closed in on that peak quickly in the past few trading sessions. So potential resistance looms; though I believe (at this time) that assuming price tests it, it will eventually push past that peak. We may only be days away or it

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It was a mixed day on Wall Street Friday after a better than expected jobs report. The indices spent most of the day in negative territory but a late rally pushed the Dow and S&P 500 into positive territory, while the Nasdaq and the small caps traded places from Thursday's action when the Nasdaq rallied and small caps were down.

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Economic Calendar


-- Intrepid Timer

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