Stocks jumped again for the second week in a row, with the S&P 500 (INDEXCBOE:.INX) gaining 1.5%.
The Dow Jones Industrials (INDEXDJX:.DJI) finished the week up 2.3%.
So, is it easy sailing from here?
As most savvy investors know, it’s never easy sailing. And every day, week, month, provides us with new and additional evidence.
In this week’s video, we’ll look at the major indices to see if there’s reason to be concerned with the fact that the Dow and S&P 500 are below their all-time highs. More specifically, they haven’t confirmed the Nasdaq and Russell 2000. Is this reason to be bearish?
We’ll look at key price patterns, trends and indicators to see what the evidence is saying.
Weekly Stock Market Video – July 8
Click play, then you can use the button in the lower-right corner of the video image to view in full-screen mode. Hit Escape (esc) to exit the full-screen mode.
Twitter: @CiovaccoCapital
The author or his clients may hold positions in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
