“FOMO” Trade in Deceleration Mode

US stock markets ended an unimpressive session in positive territory and continue to consolidate their recent uplegs. The wide breadth of positive earnings and a better than expected GDP growth for Q1-2021 had little impact. In fact more signs of distribution selling appeared. Approximately 73% of today’s…

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Sit Tight to Wait and See

Market Moving Event: News and information normally regarded as market drivers had little impact today. The overwhelming majority of companies reporting positive earnings surprises nor the upbeat housing and consumer confidence data were…

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