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*This is an end of day subscriber post from Wolf on Wall Street Trade, soon to be moving to the Technical Take.net This was going to be the Afternoon Update, but I think we’ll call it the Daily Wrap. Last week Small Caps were the winner, gaining +1.3% on the
*The nightly Subscribers’ Daily Wrap post from Wolf-on-WallStreet-Trade.com We know that with the light macroeconomic week, Nvidia is the week’s fulcrum event. What we didn’t know (although perhaps suspected if you caught the weekend news) was the probability of geopolitical tensions flaring up in a big way. On that front,
After a pretty much flat week last week, this week all of the averages gained a similar amount. The S&P gained +1.1% , DJIA +1.1%, Transports +2.2%, Nasdaq-100 +1.2%, and Small Caps +0.55%. Small Caps rebounded +2% today due to short covering and gains in Regional Banks (+3.45%) to get
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