Good Evening: Markets had a strong week and rallied robustly on Friday. Stocks rallied into the close and ended near sessions highs. All sectors were in the green. The top three sectors on Friday were Materials, Financials and Consumer Discretionary. Earlier in the week Defensive...

Peter Mizsak OAYBm7nuIWY Unsplash1

Markets Rally Hard on Friday, All Sectors Green

Good Evening: Markets had a strong week and rallied robustly on Friday. Stocks rallied into the close and ended near sessions highs. All sectors were in the green. The top three sectors on Friday were Materials, Financials and Consumer Discretionary. Earlier in the week Defensive sectors like Healthcare, Utilities and...

  • Daily Technical Strategy
Fri December 10, 2021

AAPL gains fuel Technology but many indices, sectors have not broken out

Technical Strategy Video: https://vimeo. com/655509121/13c79e6c5d Despite Friday’s gains, the short-term trend in Equities still shows lots of consolidation ahead of next week’s FOMC.  It will take a rally above 4744 to get the Bull back on track, while under 4612 will bring selling pressure down to at least 4450...