The video in this report is only accessible to members
The video in this report is only accessible to members

Minor stalling out in Equities occurred to kick off the new week on light volume; Yet, trends and momentum remain bullish and there hasn’t been sufficient evidence of weakness to weigh in on a possible reversal.  Prices managed to successfully rebound from early losses into a bullish end-of-day close which could lead higher by Tuesday/Wednesday of this week.

The big development for the last few trading days has centered on the counter-trend bounce which has occurred in the US Dollar as well as US Treasury yields.  This has resulted in some consolidation in the Metals trade, but should prove short-lived and any further weakness in precious and base metals along with metals and mining stocks should be buyable on weakness this week.

The bounce in the Large-Cap Banks has continued higher, in a follow-through trade from last week’s stabilization. This is seen as a positive for markets at a time when many expected ongoing downward pressure in Regional banks.  S&P Banks index rose by more than 1% in Monday’s session.

While cycles in AAPL suggest possible weakness in the back half of April through May, the stock has shown little to no evidence of rolling over. Technicals still point to the possibility of $AAPL stren...

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