Tuesday, April 21, 2020

Have We Put In A Bottom?

Here is the article.

We have seen a record rally in recent days, with over 90% of stocks closing on Thursday above their 5, 10, and 20-day moving averages.  (Data from Index Indicators). That not only means the market is strong, but that institutions are buying up pretty much everything.  That is not a response that suggests uncertainty!

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