The Market’s Oversold Bounce!!!
November is off to a banging start. Recall that Mutual Funds, with some $1.8 trn in assets under management, were sellers into their fiscal year end, October 31st. Their new fiscal year started yesterday, November 1st. However, we already had signs that some kind of low the market could work
Daily Wrap – Happy Halloween, But Don’t Miss This Update
The major averages all began today’s cash session with mixed price action, oscillating around yesterday’s closing levels. However, it was clear early on that mega-caps that carried the market yesterday, were out of favor, while Value and Small Cap stocks rotated in. The afternoon saw a move higher and left
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